ECARX Holdings Inc (NASDAQ:ECX) price on Thursday, March 20, rose 4.23% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $2.71.
A look at the stock’s price movement, the close in the last trading session was $2.60, moving within a range at $2.55 and $2.85. The beta value (5-Year monthly) was 0.222. Turning to its 52-week performance, $3.25 and $0.96 were the 52-week high and 52-week low respectively. Overall, ECX moved 35.50% over the past month.
ECARX Holdings Inc’s market cap currently stands at around $929.88 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-10.
Analysts have a consensus estimate of 175.16M for the company’s revenue for the quarter, with a low and high estimate of 175.16M and 175.16M respectively. The average forecast suggests up to a 36.31% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 1.01B, representing a 32.61% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that ECX is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
ECX’s current price about 8.21% and 27.29% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 57.47, while 7-day volatility ratio is 9.76% and 11.89% in the 30-day chart. Further, ECARX Holdings Inc (ECX) has a beta value of 0.10, and an average true range (ATR) of 0.28.
If we refocus on ECARX Holdings Inc (NASDAQ:ECX), historical trading data shows that trading volumes averaged 4.37 over the past 10 days and 2.34 million over the past 3 months. The company’s latest data on shares outstanding shows there are 343.13 million shares.
The 67.61% of ECARX Holdings Inc’s shares are in the hands of company insiders while institutional holders own 3.08% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.59 million on 2025-02-28, giving us a short ratio of 0.28. The data shows that as of 2025-02-28 short interest in ECARX Holdings Inc (ECX) stood at 40.0 of shares outstanding, with shares short rising to 0.49 million registered in 2025-01-31. Current price change has pushed the stock 28.44% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the ECX stock continues to rise going into the next quarter.
