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The price of ECARX Holdings Inc (NASDAQ: ECX) closed at $1.94 in the last session, down -2.02% from day before closing price of $1.98. In other words, the price has decreased by -$2.02 from its previous closing price. On the day, 0.52 million shares were traded. ECX stock price reached its highest trading level at $2.0 during the session, while it also had its lowest trading level at $1.935.
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 665672192 and an Enterprise Value of 2129166720. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.87. Its current Enterprise Value per Revenue stands at 0.39 whereas that against EBITDA is -2.19.
Stock Price History:
Over the past 52 weeks, ECX has reached a high of $3.44, while it has fallen to a 52-week low of $0.96. The 50-Day Moving Average of the stock is 6.17%, while the 200-Day Moving Average is calculated to be 12.83%.
Shares Statistics:
According to the various share statistics, ECX traded on average about 127.83K shares per day over the past 3-months and 533900 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 2.61% stake in the company. Shares short for ECX as of 1732838400 were 174672 with a Short Ratio of 1.37, compared to 1730332800 on 207249. Therefore, it implies a Short% of Shares Outstanding of 174672 and a Short% of Float of 0.11999999.
