ECARX (NASDAQ:ECX) Sees Large Volume Increase – Time to Buy?

ECARX Holdings Inc. (NASDAQ:ECXGet Free Report) shares saw strong trading volume on Friday . 1,711,486 shares were traded during trading, an increase of 23% from the previous session’s volume of 1,393,425 shares.The stock last traded at $2.20 and had previously closed at $2.02.

ECARX Stock Up 8.4 %

The company has a market cap of $740.11 million, a PE ratio of -4.38 and a beta of 0.35. The stock’s 50 day simple moving average is $1.88 and its two-hundred day simple moving average is $1.81.

About ECARX

(Get Free Report)

ECARX Holdings Inc develops a full stack automotive computing platform to shape the interaction between people and cars by rapidly advancing the technology by smart mobility worldwide. It offers system on chips, central computing platforms, operating systems, and software. Its core products include infotainment head units, digital cockpits, vehicle chip-set solutions, core operating system, and integrated software stack.

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