ECARX (NASDAQ:ECX) Stock Price Up 3.5% – Here’s What Happened

Shares of ECARX Holdings Inc. (NASDAQ:ECXGet Free Report) were up 3.5% during mid-day trading on Friday . The stock traded as high as $1.78 and last traded at $1.77. Approximately 355,104 shares traded hands during trading, an increase of 183% from the average daily volume of 125,485 shares. The stock had previously closed at $1.71.

ECARX Price Performance

The company’s 50-day simple moving average is $1.82 and its 200-day simple moving average is $1.73. The stock has a market capitalization of $652.24 million, a price-to-earnings ratio of -3.86 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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