ECARX Holdings Inc. (NASDAQ:ECX - Get Free Report)'s share price reached a new 52-week low during trading on Monday . The stock traded as low as $1.65 and last traded at $1.67, with a volume of 3676 shares. The stock had previously closed at $1.65.
ECARX Price Performance
The business has a 50-day simple moving average of $2.29 and a 200 day simple moving average of $2.80. The firm has a market cap of $567.76 million, a PE ratio of -4.55 and a beta of 0.13.
ECARX (NASDAQ:ECX - Get Free Report) last announced its quarterly earnings results on Wednesday, February 28th. The company reported ($0.12) EPS for the quarter. The company had revenue of $263.10 million during the quarter. On average, equities analysts forecast that ECARX Holdings Inc. will post -0.27 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Geode Capital Management LLC acquired a new position in ECARX in the 4th quarter worth about $344,000. Altshuler Shaham Ltd purchased a new position in ECARX in the fourth quarter worth approximately $59,000. JPMorgan Chase & Co. acquired a new position in ECARX during the second quarter worth $72,000. Goldman Sachs Group Inc. acquired a new position in ECARX during the second quarter worth $102,000. Finally, Invesco Ltd. raised its stake in shares of ECARX by 2.6% in the third quarter. Invesco Ltd. now owns 270,982 shares of the company's stock valued at $840,000 after acquiring an additional 6,793 shares in the last quarter.
About ECARX
(
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ECARX Holdings Inc develops a full stack automotive computing platform to shape the interaction between people and cars by rapidly advancing the technology by smart mobility worldwide. It offers system on chips, central computing platforms, operating systems, and software. Its core products include infotainment head units, digital cockpits, vehicle chip-set solutions, core operating system, and integrated software stack.
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