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Virtu Financial LLC Acquires New Stake in ECARX Holdings Inc. (NASDAQ:ECX)

ECARX logo with Business Services background

Virtu Financial LLC bought a new position in ECARX Holdings Inc. (NASDAQ:ECX - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 151,150 shares of the company's stock, valued at approximately $319,000.

Separately, Green Alpha Advisors LLC purchased a new position in ECARX during the 4th quarter valued at $167,000.

Wall Street Analysts Forecast Growth

Separately, UBS Group started coverage on shares of ECARX in a research note on Tuesday, February 11th. They set a "buy" rating and a $3.20 target price on the stock.

Get Our Latest Research Report on ECX

ECARX Trading Down 1.6 %

Shares of ECX stock traded down $0.02 during midday trading on Tuesday, reaching $1.24. 13,009,258 shares of the stock were exchanged, compared to its average volume of 999,376. ECARX Holdings Inc. has a 1 year low of $0.96 and a 1 year high of $3.25. The firm 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 is $2.15 and its two-hundred day moving average is $1.97.

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.

Further Reading

Institutional Ownership by Quarter for ECARX (NASDAQ:ECX)

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