ECARX Holdings Inc (NASDAQ: ECX) is -47.87% 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 $1.06 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $1.10, the stock is -6.15% and -42.75% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.46 million and changing 3.77% at the moment leaves the stock -39.82% off its SMA200. ECX registered -29.49% loss for a year compared to 6-month gain of -40.22%. The firm has a 50-day simple moving average (SMA 50) of $1.93744 and a 200-day simple moving average (SMA200) of $1.832115.
The stock witnessed a -60.00% loss in the last 1 month and extending the period to 3 months gives it a -37.14%, and is 20.24% 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 16.70% over the week and 19.45% over the month.
ECARX Holdings Inc (ECX) has around 1900 employees, a market worth around $392.97M and $774.55M in sales. Fwd P/E is 10.28. Profit margin for the company is -16.80%. Distance from 52-week low is 45.21% and -66.15% from its 52-week high.
with sales reaching $154.18M over the same period.The EPS is expected to grow by 67.73% this year, but quarterly earnings will post 29.41% year-over-year. Quarterly sales are estimated to grow 19.99% in year-over-year returns.
27.0 institutions hold shares in ECARX Holdings Inc (ECX), with institutional investors hold 8.14% of the company’s shares. The shares outstanding are 291.17M, and float is at 122.70M with Short Float at 2.68%. Institutions hold 3.25% of the Float.
