ECARX (NASDAQ:ECX) Sees Large Volume Increase – Here’s Why

Shares of ECARX Holdings Inc. (NASDAQ:ECXGet Free Report) saw unusually-strong trading volume on Monday . Approximately 234,043 shares were traded during mid-day trading, an increase of 95% from the previous session’s volume of 119,925 shares.The stock last traded at $1.99 and had previously closed at $1.98.

ECARX Trading Down 2.2 %

The company’s 50 day moving average price is $1.82 and its two-hundred day moving average price is $1.72. The firm has a market cap of $601.55 million, a PE ratio of -3.56 and a beta of 0.38.

ECARX Company Profile

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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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