ECARX (NASDAQ:ECX) Stock Price Down 5.8% – Here’s What Happened

ECARX Holdings Inc. (NASDAQ:ECXGet Free Report) traded down 5.8% on Wednesday . The company traded as low as $1.69 and last traded at $1.72. 127,257 shares traded hands during mid-day trading, an increase of 4% from the average session volume of 122,018 shares. The stock had previously closed at $1.82.

ECARX Stock Down 3.9 %

The firm’s fifty day moving average price is $1.82 and its 200 day moving average price is $1.72. The stock has a market cap of $577.89 million, a PE ratio of -3.42 and a beta of 0.38.

ECARX Company Profile

(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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