ECARX (NASDAQ:ECX) Sees Large Volume Increase – Here’s Why

ECARX Holdings Inc. (NASDAQ:ECXGet Free Report) shares saw strong trading volume on Tuesday . 164,107 shares changed hands during mid-day trading, an increase of 59% from the previous session’s volume of 103,047 shares.The stock last traded at $1.87 and had previously closed at $1.89.

ECARX Price Performance

The company’s 50 day simple moving average is $1.81 and its two-hundred day simple moving average is $1.67. The company has a market cap of $635.35 million, a PE ratio of -3.80 and a beta of 0.38.

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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