ECARX Holdings Inc (NASDAQ:ECX) does about 3.73M shares in volume on a normal day but saw 3905228 shares change hands in the recent trading day. The company now has a market cap of 385.56M USD. Its current market price is $1.04, marking a decrease of -4.59% compared to the previous close of $1.09. The 52 week high reached by this stock is $3.25 whilst the lowest price level in 52 weeks is $0.96.
ECARX Holdings Inc (ECX) has a 20-day trading average at $2.2367 and the current price is -68.00% off the 52-week high compared with 8.10% distance from its 52-week low. The 50-day simple moving average of the closing price is $2.1025 and its 200-day simple moving average is $1.8771. If we look at the stock’s price movements over the week, volatility stands at 16.98%, which decreases to 15.61% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 27.14 to suggest the stock is oversold.
The consensus objective for the share price is $4.32, suggesting that the stock has a potential upside of 75.93% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on February 11, 2025 when UBS initiated the stock to “Buy” and issued a price target of $3.20.
The current price level is -53.50%, -50.54%, and -44.60% away from its SMA20, SMA50, and SMA200 respectively, with the ECX price moving above the 50-day SMA on current market day. ECARX Holdings Inc (ECX) stock is down -30.67% over the week and -61.90% over the past month. Its price is -50.71% year-to-date and -46.39% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0.0 for whole year. Expected sales for next quarter are $205.55M, which analysts say will come at $988.62M for the current fiscal year and next year at $1.25B. In addition, estimates put the company’s current quarterly revenue at an average of $154.18M.
To reach the target analysts have set, the stock logically needs to grow 75.93 percent from here.
Outstanding shares total 291.17M with insiders holding 55.99% of the shares and institutional holders owning 3.25% of the company’s common stock. The forward price to earnings ratio is 9.52. The beta has a value of 0.51. Price to sales ratio is 0.50.
