ECARX (NASDAQ:ECX) Sees Unusually-High Trading Volume – Still a Buy?

ECARX Holdings Inc. (NASDAQ:ECXGet Free Report) saw unusually-strong trading volume on Monday . Approximately 342,801 shares traded hands during mid-day trading, an increase of 214% from the previous session’s volume of 109,038 shares.The stock last traded at $1.95 and had previously closed at $1.91.

ECARX Trading Down 1.0 %

The business’s 50-day moving average price is $1.82 and its 200-day moving average price is $1.69. The stock has a market cap of $659.00 million, a PE ratio of -3.90 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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