ECARX Holdings Inc. (NASDAQ:ECX - Get Free Report)'s stock price gapped down prior to trading on Friday . The stock had previously closed at $2.26, but opened at $1.74. ECARX shares last traded at $1.51, with a volume of 26,756,895 shares.
Analyst Ratings Changes
Separately, UBS Group assumed coverage on ECARX in a report on Tuesday, February 11th. They set a "buy" rating and a $3.20 price objective for the company.
View Our Latest Analysis on ECX
ECARX Stock Performance
The company has a market cap of $419.06 million, a PE ratio of -2.48 and a beta of 0.23. The company's 50 day moving average price is $2.15 and its 200-day moving average price is $1.97.
Hedge Funds Weigh In On ECARX
Several institutional investors and hedge funds have recently made changes to their positions in the business. Two Sigma Securities LLC bought a new position in ECARX during the 4th quarter valued at approximately $30,000. Tower Research Capital LLC TRC bought a new position in shares of ECARX during the fourth quarter valued at approximately $32,000. XTX Topco Ltd purchased a new stake in ECARX in the fourth quarter worth $52,000. Citadel Advisors LLC bought a new stake in ECARX in the fourth quarter valued at $68,000. Finally, Green Alpha Advisors LLC purchased a new position in ECARX during the 4th quarter valued at $167,000.
ECARX Company Profile
(
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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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