ECARX Holdings Inc (NASDAQ: ECX) is -3.61% lower on its value in year-to-date trading and has touched a low of $0.76 and a high of $3.25 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 $1.57 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $1.6, the stock is -14.92% and -8.40% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.08 million and changing 1.91% at the moment leaves the stock -11.53% off its SMA200. ECX registered -24.17% loss for a year compared to 6-month gain of -12.09%. The firm has a 50-day simple moving average (SMA 50) of $1.7467 and a 200-day simple moving average (SMA200) of $1.808515.
The stock witnessed a -16.67% loss in the last 1 month and extending the period to 3 months gives it a 46.79%, and is 23.08% 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 13.95% over the week and 13.28% over the month.
ECARX Holdings Inc (ECX) has around 1900 employees, a market worth around $597.97M and $814.04M in sales. Fwd P/E is 23.54. Profit margin for the company is -14.30%. Distance from 52-week low is 111.22% and -50.77% from its 52-week high.
with sales reaching $223.92M over the same period.The EPS is expected to grow by 63.37% this year, but quarterly earnings will post 25.57% year-over-year. Quarterly sales are estimated to grow 29.43% in year-over-year returns.
ECARX Holdings Inc (ECX) Top Institutional Holders
49.0 institutions hold shares in ECARX Holdings Inc (ECX), with institutional investors hold 26.39% of the company’s shares. The shares outstanding are 324.77M, and float is at 109.45M with Short Float at 6.19%. Institutions hold 10.54% of the Float.
The top institutional shareholder in the company is SUSQUEHANNA INTERNATIONAL GROUP, LLP with over 5.07 million shares valued at $10.44 million. The investor’s holdings represent 1.5001% of the ECX Shares outstanding. As of 2024-06-30, the second largest holder is LEO WEALTH, LLC with 2.82 million shares valued at $5.8 million to account for 0.8331 of the shares outstanding. The other top investors are ALTSHULER SHAHAM LTD which holds 0.6 million shares representing 0.1775% and valued at over $20640.0, while GEODE CAPITAL MANAGEMENT, LLC holds 0.0506 of the shares totaling 0.17 million with a market value of $0.35 million.
ECARX Holdings Inc (ECX) Insider Activity
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