ECARX Holdings Inc (NASDAQ:ECX) does about 4.25M shares in volume on a normal day but saw 10687660 shares change hands in the recent trading day. The company now has a market cap of 807.26M USD. Its current market price is $2.16, marking a decrease of -1.82% compared to the previous close of $2.2. The 52 week high reached by this stock is $3.25 whilst the lowest price level in 52 weeks is $0.76.
ECARX Holdings Inc (ECX) has a 20-day trading average at $1.82 and the current price is -33.54% off the 52-week high compared with 185.15% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.62 and its 200-day simple moving average is $1.81. If we look at the stock’s price movements over the week, volatility stands at 9.92%, which decreases to 8.35% 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 67.69 to suggest the stock is neutral.
The consensus objective for the share price is $3.74, suggesting that the stock has a potential upside of 42.25% 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 18.39%, 33.16%, and 19.21% away from its SMA20, SMA50, and SMA200 respectively, with the ECX price moving below the 50-day SMA on current market day. ECARX Holdings Inc (ECX) stock is up 10.77% over the week and 35.85% over the past month. Its price is 11.34% year-to-date and 2.37% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0.01 for whole year. Expected sales for next quarter are $260.68M, which analysts say will come at $956.19M for the current fiscal year and next year at $1.23B. In addition, estimates put the company’s current quarterly revenue at an average of $223.92M.
To reach the target analysts have set, the stock logically needs to grow 42.25 percent from here.
Outstanding shares total 324.77M with insiders holding 60.05% of the shares and institutional holders owning 10.24% of the company’s common stock. The forward price to earnings ratio is 31.83. The beta has a value of 0.66. Price to sales ratio is 0.99.
