ECARX (NASDAQ:ECX) Trading Down 4.1% – Here’s Why

ECARX Holdings Inc. (NASDAQ:ECXGet Free Report) traded down 4.1% during mid-day trading on Monday . The company traded as low as $1.65 and last traded at $1.65. 8,467 shares were traded during mid-day trading, a decline of 92% from the average session volume of 100,649 shares. The stock had previously closed at $1.72.

ECARX Stock Performance

The firm has a fifty day simple moving average of $1.81 and a 200 day simple moving average of $1.66. The company has a market capitalization of $554.24 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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