ECARX Holdings Inc. (NASDAQ:ECX - Get Free Report)'s share price shot up 4.4% on Wednesday . The stock traded as high as $1.67 and last traded at $1.65. 7,878 shares traded hands during mid-day trading, a decline of 91% from the average session volume of 84,875 shares. The stock had previously closed at $1.58.
ECARX Stock Performance
The firm has a 50 day moving average price of $2.25 and a two-hundred day moving average price of $2.77. The firm has a market capitalization of $540.72 million, a P/E ratio of -4.24 and a beta of 0.13.
ECARX (NASDAQ:ECX - Get Free Report) last announced its earnings results on Wednesday, February 28th. The company reported ($0.12) EPS for the quarter. The business had revenue of $263.10 million for the quarter. Equities research analysts forecast that ECARX Holdings Inc. will post -0.27 earnings per share for the current fiscal year.
Institutional Trading of ECARX
Several institutional investors have recently made changes to their positions in ECX. Northern Trust Corp acquired a new position in shares of ECARX during the 4th quarter worth $161,000. Schonfeld Strategic Advisors LLC bought a new stake in shares of ECARX in the third quarter valued at about $51,000. Invesco Ltd. lifted its position in shares of ECARX by 2.6% in the 3rd quarter. Invesco Ltd. now owns 270,982 shares of the company's stock worth $840,000 after acquiring an additional 6,793 shares during the period. Goldman Sachs Group Inc. acquired a new stake in ECARX during the second quarter worth $102,000. Finally, Geode Capital Management LLC increased its stake in ECARX by 38.7% in the second quarter. Geode Capital Management LLC now owns 100,990 shares of the company's stock valued at $703,000 after acquiring an additional 28,184 shares during the period.
ECARX Company Profile
(
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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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