ECARX Holdings Inc (NASDAQ:ECX) traded at $2.16 at close of the session on Friday, February 14 and made an upward move of 4.85% on its previous day’s price.
Looking at the stock we see that its previous close was $2.06 and the beta (5Y monthly) reads 0.31 with the day’s price range being $2.08 – $2.2. In terms of its 52-week price range, ECX has a high of $3.09 and a low of $0.96. The company’s stock has gained about 11.92% over that past 30 days.
ECARX Holdings Inc has a market cap of $741.16 million and is expected to release its quarterly earnings report in March.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 240.78M, with a low of 236.16M and a high of 245.41M. The median projection represents growth adding up to -8.48% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 780.62M, or 18.80% up from figures reported last year.
On the other hand, looking at the outlook for the ECX stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 100% Buy.
Looking further, we note the current price level is 19.54% off its SMA20 and 13.72% from its 50-day simple moving average. The RSI (14) is pointing at 63.21 while the volatility over the past week is 7.71% and jumps to 7.31% over the past one month. The beta value is 0.32, while the average true range (ATR) is currently pointing at 0.14.
Coming back to ECARX Holdings Inc (NASDAQ:ECX), we note that the average 3-month trading volume was 957.89K, while that of the preceding 10-day period stands at 1.66 million. Current shares outstanding are 289.11 million.
The insiders hold 67.61% of the company’s shares while institutions hold 3.12%. The data shows that short shares as of 2025-01-31, stood at 0.49 million at a short ratio of 0.37. This represents a 33.00 short interest in shares outstanding on 2025-01-31. Shares short rose in January from the previous month at 61312.0. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 2.37% up in year-to-date price movement.
