ECARX (NASDAQ:ECX) Shares Gap Up – Still a Buy?

ECARX Holdings Inc. (NASDAQ:ECXGet Free Report)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $1.60, but opened at $1.65. ECARX shares last traded at $1.65, with a volume of 323 shares traded.

ECARX Trading Up 10.8 %

The firm’s fifty day moving average price is $1.81 and its 200-day moving average price is $1.66. The company has a market cap of $554.24 million, a P/E ratio of -3.28 and a beta of 0.33.

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.

Further Reading

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