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The price of ECARX Holdings Inc (NASDAQ: ECX) closed at $1.98 in the last session, up 1.54% from day before closing price of $1.95. In other words, the price has increased by $1.54 from its previous closing price. On the day, 0.83 million shares were traded. ECX stock price reached its highest trading level at $2.005 during the session, while it also had its lowest trading level at $1.93.
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 679397376 and an Enterprise Value of 2142532992. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.88. Its current Enterprise Value per Revenue stands at 0.392 whereas that against EBITDA is -2.204.
Stock Price History:
The Beta on a monthly basis for ECX is 0.38, which has changed by -0.13716817 over the last 52 weeks, in comparison to a change of 0.27870452 over the same period for the S&P500. 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 8.53%, while the 200-Day Moving Average is calculated to be 14.45%.
Shares Statistics:
According to the various share statistics, ECX traded on average about 94.28K shares per day over the past 3-months and 397500 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 1.85, compared to 1730332800 on 207249. Therefore, it implies a Short% of Shares Outstanding of 174672 and a Short% of Float of 0.11999999.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between -$0.32 and -$0.4 for the fiscal current year, implying an average EPS of -$0.36. EPS for the following year is -$0.16, with 2.0 analysts recommending between -$0.13 and -$0.2.
Revenue Estimates
According to 1 analysts, the current quarter’s revenue is expected to be $245.41M. It ranges from a high estimate of $245.41M to a low estimate of $245.41M. As of the current estimate, ECARX Holdings Inc’s year-ago sales were $263.1MFor the next quarter, 1 analysts are estimating revenue of $175.16M. There is a high estimate of $175.16M for the next quarter, whereas the lowest estimate is $175.16M.
A total of 4 analysts have provided revenue estimates for ECX’s current fiscal year. The highest revenue estimate was $786.95M, while the lowest revenue estimate was $750M, resulting in an average revenue estimate of $773.42M. In the same quarter a year ago, actual revenue was $657.1MBased on 5 analysts’ estimates, the company’s revenue will be $1.01B in the next fiscal year. The high estimate is $1.05B and the low estimate is $949.75M.
