Closing Bell Recap: ECARX Holdings Inc (ECX) Ends at 2.09, Reflecting a 9.42 Upturn

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ECARX Holdings Inc (NASDAQ: ECX) closed the day trading at $2.09 up 9.42% from the previous closing price of $1.91. In other words, the price has increased by $9.42 from its previous closing price. On the day, 3.61 million shares were traded. ECX stock price reached its highest trading level at $2.11 during the session, while it also had its lowest trading level at $1.92.

Ratios:

For a better understanding of ECX, let’s look at its different ratios. 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, UBS on February 11, 2025, initiated with a Buy rating and assigned the stock a target price of $3.20.

On May 22, 2023, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and 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 717141632 and an Enterprise Value of 2179290368. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.93. Its current Enterprise Value per Revenue stands at 0.399 whereas that against EBITDA is -2.241.

Stock Price History:

The Beta on a monthly basis for ECX is 0.30, which has changed by -0.36333334 over the last 52 weeks, in comparison to a change of 0.21313763 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 10.51%, while the 200-Day Moving Average is calculated to be 21.73%.

Shares Statistics:

Over the past 3-months, ECX traded about 793.00K shares per day on average, while over the past 10 days, ECX traded about 544990 shares per day. 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 2.67% stake in the company. Shares short for ECX as of 1738281600 were 491699 with a Short Ratio of 0.37, compared to 1735603200 on 61312. Therefore, it implies a Short% of Shares Outstanding of 491699 and a Short% of Float of 0.33000002.

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