ECARX (NASDAQ:ECX) Shares Down 4.1%

Shares of ECARX Holdings Inc. (NASDAQ:ECXGet Free Report) dropped 4.1% during trading on Thursday . The company traded as low as $1.60 and last traded at $1.62. Approximately 3,467 shares traded hands during trading, a decline of 97% from the average daily volume of 131,522 shares. The stock had previously closed at $1.69.

ECARX Price Performance

The business’s 50 day moving average is $1.49 and its two-hundred day moving average is $1.92.

ECARX (NASDAQ:ECXGet Free Report) last announced its quarterly earnings results on Monday, May 20th. The company reported ($0.12) earnings per share for the quarter. The firm had revenue of $128.50 million during the quarter. As a group, equities analysts predict that ECARX Holdings Inc. will post -0.27 earnings per share for the current fiscal year.

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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