ECARX (NASDAQ:ECX) Shares Down 3.7% – Here’s Why

ECARX Holdings Inc. (NASDAQ:ECXGet Free Report) traded down 3.7% on Tuesday . The stock traded as low as $1.90 and last traded at $1.95. 546,304 shares traded hands during mid-day trading, an increase of 288% from the average session volume of 140,855 shares. The stock had previously closed at $2.02.

ECARX Trading Down 0.2 %

The stock has a 50 day moving average of $1.83 and a 200-day moving average of $1.74. The stock has a market capitalization of $680.97 million, a P/E ratio of -4.03 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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