ECARX (NASDAQ:ECX) Stock Price Down 3.7% – Should You Sell?

ECARX Holdings Inc. (NASDAQ:ECXGet Free Report)’s stock price dropped 3.7% during trading on Tuesday . The company traded as low as $1.90 and last traded at $1.95. Approximately 546,304 shares were traded during mid-day trading, an increase of 288% from the average daily volume of 140,855 shares. The stock had previously closed at $2.02.

ECARX Price Performance

The company has a fifty day moving average of $1.83 and a two-hundred day moving average of $1.75. The stock has a market capitalization of $659.00 million, a P/E ratio of -3.90 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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