ECARX Holdings Inc. (NASDAQ:ECX) Shares Sold by Leo Wealth LLC

Leo Wealth LLC lessened its stake in ECARX Holdings Inc. (NASDAQ:ECX) by 9.3% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 2,514,423 shares of the company’s stock after selling 259,094 shares during the period. Leo Wealth LLC owned about 0.74% of ECARX worth $5,305,000 at the end of the most recent quarter.

Separately, Green Alpha Advisors LLC purchased a new stake in ECARX during the fourth quarter worth about $167,000.

ECARX Stock Performance

NASDAQ ECX opened at $1.68 on Friday. The firm has a market cap of $567.76 million, a price-to-earnings ratio of -3.36 and a beta of 0.32. The firm has a 50 day simple moving average of $1.90 and a 200-day simple moving average of $1.81. ECARX Holdings Inc. has a one year low of $0.96 and a one year high of $3.09.

ECARX (NASDAQ:ECX) last issued its quarterly earnings results on Thursday, November 7th. The company reported ($0.14) EPS for the quarter. The business had revenue of $203.10 million for the quarter. During the same period in the previous year, the firm posted ($0.26) earnings per share. Equities analysts predict that ECARX Holdings Inc. will post -0.42 EPS for the current fiscal year.

ECARX Profile

ECARX Holdings Inc develops a full stack automotive computing platform to shape the interaction between people and cars by rapidly advancing the technology by smart mobility worldwide. It offers system on chips, central computing platforms, operating systems, and software. Its core products include infotainment head units, digital cockpits, vehicle chip-set solutions, core operating system, and integrated software stack.