ECARX (NASDAQ:ECX) Sees Large Volume Increase – Still a Buy?

ECARX Holdings Inc. (NASDAQ:ECXGet Free Report) saw an uptick in trading volume on Tuesday . 230,128 shares were traded during mid-day trading, an increase of 50% from the previous session’s volume of 153,843 shares.The stock last traded at $2.03 and had previously closed at $1.96.

ECARX Stock Performance

The company’s 50-day moving average price is $1.85 and its 200 day moving average price is $1.78. The stock has a market capitalization of $713.07 million, a P/E ratio of -4.22 and a beta of 0.38.

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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