ECARX (NASDAQ:ECX – Get Free Report) issued its quarterly earnings data on Tuesday. The company reported ($0.01) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.02, Zacks reports.
ECARX Stock Performance
Shares of ECX stock opened at $2.67 on Tuesday. ECARX has a 52 week low of $0.96 and a 52 week high of $2.98. The company’s 50 day moving average price is $2.02 and its two-hundred day moving average price is $1.89. The company has a market capitalization of $902.33 million, a P/E ratio of -5.34 and a beta of 0.23.
Analyst Ratings Changes
Separately, UBS Group initiated coverage on ECARX in a report on Tuesday, February 11th. They set a “buy” rating and a $3.20 target price on the stock.
ECARX Company 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.
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