ECARX (NASDAQ:ECX) Sees Unusually-High Trading Volume – Here’s What Happened

ECARX Holdings Inc. (NASDAQ:ECXGet Free Report) saw an uptick in trading volume on Friday . 1,711,486 shares were traded during mid-day trading, an increase of 23% from the previous session’s volume of 1,393,425 shares.The stock last traded at $2.20 and had previously closed at $2.02.

ECARX Stock Up 7.9 %

The company has a market capitalization of $736.73 million, a price-to-earnings ratio of -4.36 and a beta of 0.35. The business’s 50-day moving average is $1.88 and its 200-day moving average is $1.81.

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.

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