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The price of ECARX Holdings Inc (NASDAQ: ECX) closed at $1.75 in the last session, down -3.85% from day before closing price of $1.82. In other words, the price has decreased by -$3.85 from its previous closing price. On the day, 0.95 million shares were traded. ECX stock price reached its highest trading level at $1.82 during the session, while it also had its lowest trading level at $1.63.
Ratios:
We take a closer look at ECX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.57 and its Current Ratio is at 0.62.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Cantor Fitzgerald on May 22, 2023, initiated with a Overweight rating and assigned the stock a target price of $10.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ECX now has a Market Capitalization of 600477440 and an Enterprise Value of 2089067776. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.78. Its current Enterprise Value per Revenue stands at 0.383 whereas that against EBITDA is -2.149.
Stock Price History:
The Beta on a monthly basis for ECX is 0.31, which has changed by -0.2586558 over the last 52 weeks, in comparison to a change of 0.23883796 over the same period for the S&P500. Over the past 52 weeks, ECX has reached a high of $3.09, while it has fallen to a 52-week low of $0.96. The 50-Day Moving Average of the stock is -7.05%, while the 200-Day Moving Average is calculated to be 2.25%.
Shares Statistics:
According to the various share statistics, ECX traded on average about 692.26K shares per day over the past 3-months and 1476040 shares per day over the past 10 days. A total of 289.11M shares are outstanding, with a floating share count of 111.14M. Insiders hold about 67.61% of the company’s shares, while institutions hold 2.75% stake in the company. Shares short for ECX as of 1735603200 were 61312 with a Short Ratio of 0.09, compared to 1732838400 on 174672. Therefore, it implies a Short% of Shares Outstanding of 61312 and a Short% of Float of 0.04.
