Leo Wealth LLC trimmed its stake in ECARX Holdings Inc. (NASDAQ:ECX - Free Report) by 9.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 2,514,423 shares of the company's stock after selling 259,094 shares during the period. Leo Wealth LLC owned about 0.74% of ECARX worth $5,305,000 as of its most recent filing with the SEC.
Separately, Green Alpha Advisors LLC purchased a new stake in ECARX during the fourth quarter worth about $167,000.
ECARX Stock Performance
Shares of ECX traded up $0.18 during mid-day trading on Monday, hitting $1.91. 1,625,527 shares of the company's stock were exchanged, compared to its average volume of 1,093,905. The stock's 50-day moving average is $1.89 and its 200-day moving average is $1.81. ECARX Holdings Inc. has a fifty-two week low of $0.96 and a fifty-two week high of $3.09. The company has a market cap of $643.79 million, a price-to-earnings ratio of -3.81 and a beta of 0.31.
ECARX (NASDAQ:ECX - Get Free Report) last released its earnings results on Thursday, November 7th. The company reported ($0.14) earnings per share (EPS) for the quarter. The business had revenue of $203.10 million for the quarter. During the same quarter last year, the firm posted ($0.26) EPS. As a group, equities research analysts anticipate that ECARX Holdings Inc. will post -0.42 EPS for the current year.
About ECARX
(
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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