ECARX (NASDAQ:ECX) Trading Down 11.6%

ECARX Holdings Inc. (NASDAQ:ECXGet Free Report)’s stock price traded down 11.6% during trading on Friday . The company traded as low as $2.05 and last traded at $2.05. 110,275 shares traded hands during mid-day trading, a decline of 8% from the average session volume of 119,842 shares. The stock had previously closed at $2.32.

ECARX Trading Down 11.6 %

The business’s fifty day simple moving average is $1.41 and its 200-day simple moving average is $2.03.

ECARX (NASDAQ:ECXGet Free Report) last issued its earnings results on Monday, May 20th. The company reported ($0.12) earnings per share (EPS) for the quarter. The business had revenue of $128.50 million for the quarter. On average, equities research analysts forecast that ECARX Holdings Inc. will post -0.27 earnings per share for the current fiscal year.

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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