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ECARX (NASDAQ:ECX) Shares Gap Up - Here's What Happened

ECARX logo with Business Services background

ECARX Holdings Inc. (NASDAQ:ECX - Get Free Report)'s share price gapped up before the market opened on Thursday . The stock had previously closed at $1.84, but opened at $1.92. ECARX shares last traded at $1.92, with a volume of 324 shares changing hands.

ECARX Stock Up 2.2 %

The company has a fifty day moving average of $1.76 and a 200 day moving average of $1.65. The company has a market cap of $635.35 million, a P/E ratio of -4.48 and a beta of 0.32.

ECARX (NASDAQ:ECX - Get Free Report) last issued its earnings results on Thursday, August 8th. The company reported ($0.12) earnings per share for the quarter. The company had revenue of $173.00 million for the quarter. As a group, research analysts forecast that ECARX Holdings Inc. will post -0.27 EPS for the current year.

About ECARX

(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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