Are Analysts Expecting A Better 2020 For ECARX Holdings Inc (ECX)?

ECARX Holdings Inc (ECX) concluded trading on Wednesday at a closing price of $2.33, with 5.6 million shares of worth about $13.05 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 40.36% during that period and on Wednesday the price saw a gain of about 8.37%. Currently the company’s common shares owned by public are about 289.11M shares, out of which, 111.14M shares are available for trading.

Stock saw a price change of 16.50% in past 5 days and over the past one month there was a price change of 33.14%. Year-to-date (YTD), ECX shares are showing a performance of 10.43% which decreased to -14.96% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.96 but also hit the highest price of $2.95 during that period. The average intraday trading volume for ECARX Holdings Inc shares is 1.29 million. The stock is currently trading 22.44% above its 20-day simple moving average (SMA20), while that difference is up 21.49% for SMA50 and it goes to 34.00% higher than SMA200.

ECARX Holdings Inc (NASDAQ: ECX) currently have 289.11M outstanding shares and institutions hold larger chunk of about 3.12% of that.

The stock has a current market capitalization of $799.49M and its 3Y-monthly beta is at 0.22. It has posted earnings per share of -$0.50 in the same period. It has Quick Ratio of 0.57. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ECX, volatility over the week remained 7.52% while standing at 7.35% over the month.

Stock’s fiscal year EPS is expected to rise by 4.82% while it is estimated to increase by 49.59% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by UBS on February 11, 2025 offering a Buy rating for the stock and assigned a target price of $3.20 to it. Coverage by Cantor Fitzgerald stated ECARX Holdings Inc (ECX) stock as an Overweight in their note to investors on May 22, 2023, suggesting a price target of $10 for the stock.

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