ECARX Holdings Inc (NASDAQ: ECX) is -38.29% lower on its value in year-to-date trading and has touched a low of $0.96 and a high of $3.44 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ECX stock was last observed hovering at around $2.02 in the last trading session, with the day’s loss setting it -0.07%.
Currently trading at $1.95, the stock is 1.62% and 6.67% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.99 million and changing -3.47% at the moment leaves the stock 13.79% off its SMA200. ECX registered -25.57% loss for a year compared to 6-month loss of -0.51%. The firm has a 50-day simple moving average (SMA 50) of $1.82452 and a 200-day simple moving average (SMA200) of $1.71391.
The stock witnessed a 21.12% gain in the last 1 month and extending the period to 3 months gives it a 7.73%, and is 7.14% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 12.50% over the week and 7.68% over the month.
ECARX Holdings Inc (ECX) has around 2000 employees, a market worth around $645.91M and $767.70M in sales. Profit margin for the company is -21.74%. Distance from 52-week low is 102.68% and -43.31% from its 52-week high.
The EPS is expected to grow by 11.99% this year
The shares outstanding are 289.11M, and float is at 111.14M with Short Float at 0.09%.
