Deeper Dive: Understanding ECARX Holdings Inc (ECX) Through its Various Ratios

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The price of ECARX Holdings Inc (NASDAQ: ECX) closed at $1.90 in the last session, down -2.31% from day before closing price of $1.95. In other words, the price has decreased by -$2.31 from its previous closing price. On the day, 0.11 million shares were traded. ECX stock price reached its highest trading level at $1.96 during the session, while it also had its lowest trading level at $1.8609.

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 0.62 and its Current Ratio is at 0.67.

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.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 27 ’23 when Heng Jun Hong sold 2,743 shares for $3.24 per share. The transaction valued at 8,887 led to the insider holds 0 shares of the business.

Heng Jun Hong sold 47,257 shares of ECX for $157,078 on Sep 26 ’23. The Director now owns 2,743 shares after completing the transaction at $3.32 per share.

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 652469312 and an Enterprise Value of 1976741760. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.96. Its current Enterprise Value per Revenue stands at 0.409 whereas that against EBITDA is -2.316.

Stock Price History:

The Beta on a monthly basis for ECX is 0.30, which has changed by -0.625969 over the last 52 weeks, in comparison to a change of 0.25510752 over the same period for the S&P500. Over the past 52 weeks, ECX has reached a high of $6.72, while it has fallen to a 52-week low of $0.96. The 50-Day Moving Average of the stock is 31.23%, while the 200-Day Moving Average is calculated to be -22.57%.

Shares Statistics:

According to the various share statistics, ECX traded on average about 156.76K shares per day over the past 3-months and 364470 shares per day over the past 10 days. A total of 288.43M shares are outstanding, with a floating share count of 106.08M. Insiders hold about 68.62% of the company’s shares, while institutions hold 1.83% stake in the company. Shares short for ECX as of 1718323200 were 238981 with a Short Ratio of 1.52, compared to 1715731200 on 356121. Therefore, it implies a Short% of Shares Outstanding of 238981 and a Short% of Float of 0.16999999999999998.

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