ECARX (NASDAQ:ECX) Shares Up 6.1% – Still a Buy?

ECARX Holdings Inc. (NASDAQ:ECXGet Free Report) rose 6.1% during trading on Wednesday . The stock traded as high as $1.58 and last traded at $1.57. Approximately 12,192 shares traded hands during mid-day trading, a decline of 88% from the average daily volume of 100,033 shares. The stock had previously closed at $1.48.

ECARX Price Performance

The stock has a 50-day simple moving average of $1.81 and a 200 day simple moving average of $1.66. The company has a market capitalization of $547.51 million, a PE ratio of -3.22 and a beta of 0.33.

About ECARX

(Get Free Report)

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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