ECARX (NASDAQ:ECX) Trading 6.7% Higher – Time to Buy?

ECARX Holdings Inc. (NASDAQ:ECXGet Free Report)’s stock price shot up 6.7% during trading on Friday . The stock traded as high as $1.99 and last traded at $1.99. 204,155 shares were traded during trading, an increase of 103% from the average session volume of 100,740 shares. The stock had previously closed at $1.86.

ECARX Price Performance

The firm’s 50 day moving average is $1.81 and its 200 day moving average is $1.66. The firm has a market cap of $675.90 million, a P/E ratio of -3.97 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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