In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
As of close of business last night, ECARX Holdings Inc’s stock clocked out at $1.83, down -6.15% from its previous closing price of $1.95. In other words, the price has decreased by -$6.15 from its previous closing price. On the day, 0.55 million shares were traded. ECX stock price reached its highest trading level at $1.97 during the session, while it also had its lowest trading level at $1.815.
Ratios:
To gain a deeper understanding of ECX’s stock, we examine 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, 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 627927872 and an Enterprise Value of 2125825152. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.82. Its current Enterprise Value per Revenue stands at 0.389 whereas that against EBITDA is -2.186.
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 0.00%, while the 200-Day Moving Average is calculated to be 6.87%.
Shares Statistics:
It appears that ECX traded 221.48K shares on average per day over the past three months and 890300 shares per day over the past ten 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 0.45, compared to 1730332800 on 207249. Therefore, it implies a Short% of Shares Outstanding of 174672 and a Short% of Float of 0.11999999.
