ECARX Holdings Inc (ECX): A Great Stock For Handling Current Market Conditions?

Currently, there are 343.13M common shares owned by the public and among those 111.14M shares have been available to trade.

The company’s stock has a 5-day price change of 9.54% and 67.84% over the past three months. ECX shares are trading 36.02% year to date (YTD), with the 12-month market performance up to 42.08% higher. It has a 12-month low price of $0.96 and touched a high of $3.25 over the same period. ECX has an average intraday trading volume of 2.51 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 10.11%, 32.26%, and 54.20% respectively.

Institutional ownership of ECARX Holdings Inc (NASDAQ: ECX) shares accounts for 3.08% of the company’s 343.13M shares outstanding.

It has a market capitalization of $984.78M and a beta (3y monthly) value of 0.11. The earnings-per-share (ttm) stands at -$0.39. Price movements for the stock have been influenced by the stock’s volatility, which stands at 9.71% over the week and 12.49% over the month.

Analysts forecast that ECARX Holdings Inc (ECX) will achieve an EPS of 0 for the current quarter, 0 for the next quarter and 0.08 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0 while analysts give the company a high EPS estimate of 0. Earnings per share for the fiscal year are expected to increase by 67.86%, and 189.08% over the next financial year.

Looking at the support for the ECX, a number of firms have released research notes about the stock. UBS stated their Buy rating for the stock in a research note on February 11, 2025, with the firm’s price target at $3.20. Cantor Fitzgerald coverage for the ECARX Holdings Inc (ECX) stock in a research note released on May 22, 2023 offered a Overweight rating with a price target of $10.

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