Post-Trade Analysis: ECARX Holdings Inc (ECX) Slides -9.17, Closing at 0.98

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After finishing at $1.08 in the prior trading day, ECARX Holdings Inc (NASDAQ: ECX) closed at $0.98, down -9.17%. In other words, the price has decreased by -$9.17 from its previous closing price. On the day, 0.61 million shares were traded. ECX stock price reached its highest trading level at $1.1 during the session, while it also had its lowest trading level at $0.981.


Our goal is to gain a better understanding of ECX by taking a closer look at its different ratios. 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:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 331643744 and an Enterprise Value of 1656077184. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.49. Its current Enterprise Value per Revenue stands at 0.343 whereas that against EBITDA is -1.94.

Stock Price History:

Over the past 52 weeks, ECX has reached a high of $9.34, while it has fallen to a 52-week low of $1.05. The 50-Day Moving Average of the stock is -36.63%, while the 200-Day Moving Average is calculated to be -63.08%.

Shares Statistics:

The stock has traded on average 97.46K shares per day over the past 3-months and 314870 shares per day over the last 10 days, according to various share statistics. A total of 338.07M shares are outstanding, with a floating share count of 106.08M. Insiders hold about 68.62% of the company’s shares, while institutions hold 1.92% stake in the company. Shares short for ECX as of 1715731200 were 356121 with a Short Ratio of 3.65, compared to 1713139200 on 432726. Therefore, it implies a Short% of Shares Outstanding of 356121 and a Short% of Float of 0.25.

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