ECARX (NASDAQ:ECX) Sees Unusually-High Trading Volume – Should You Buy?

Shares of ECARX Holdings Inc. (NASDAQ:ECXGet Free Report) saw unusually-high trading volume on Monday . Approximately 342,801 shares changed 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 Price Performance

The firm has a market capitalization of $659.00 million, a P/E ratio of -3.90 and a beta of 0.38. The firm’s 50 day simple moving average is $1.82 and its two-hundred day simple moving average is $1.69.

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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