During the last session, ECARX Holdings Inc (NASDAQ:ECX)’s traded shares were 0.62 million, with the beta value of the company hitting 0.38. At the end of the trading day, the stock’s price was $1.98, reflecting an intraday gain of 0.51% or $0.01. The 52-week high for the ECX share is $3.44, that puts it down -73.74 from that peak though still a striking 51.52% gain since the share price plummeted to a 52-week low of $0.96. The company’s market capitalization is $679.40M, and the average intraday trading volume over the past 10 days was 0.51 million shares, and the average trade volume was 118.80K shares over the past three months.
ECARX Holdings Inc (NASDAQ:ECX) trade information
ECARX Holdings Inc (ECX) registered a 0.51% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.51% in intraday trading to $1.98, hitting a weekly high. The stock’s 5-day price performance is 3.66%, and it has moved by 12.50% in 30 days. Based on these gigs, the overall price performance for the year is -18.52%. The short interest in ECARX Holdings Inc (NASDAQ:ECX) is 0.17 million shares and it means that shorts have 3.11 day(s) to cover.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
ECARX Holdings Inc (ECX) estimates and forecasts
Statistics show that ECARX Holdings Inc has underperformed its competitors in share price, compared to the industry in which it operates. ECARX Holdings Inc (ECX) shares have gone up 67.80% during the last six months, with a year-to-date growth rate less than the industry average at -7.69% against 16.30. In the rating firms’ projections, revenue will increase 15.28% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 245.41M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 175.16M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 263.1M and 128.5M respectively. In this case, analysts expect current quarter sales to shrink by -6.73% and then jump by 36.31% in the coming quarter.
While earnings are projected to return 12.31% in 2024.
ECX Dividends
ECARX Holdings Inc is due to release its next quarterly earnings in January. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Also, the Mutual Funds coming in first place with the largest holdings of ECARX Holdings Inc (ECX) shares are Invesco ETF Tr-Invesco Golden Dragon China ETF and Fidelity NASDAQ Composite Index Fund . Data provided on Sep 30, 2024 indicates that Invesco ETF Tr-Invesco Golden Dragon China ETF owns about 236.82 shares. This amounts to just over 0.08 percent of the company’s overall shares, with a $0.47 million market value. The same data shows that the other fund manager holds slightly less at 170.91, or about 0.06% of the stock, which is worth about $0.34 million.
