ECARX Holdings Inc (NASDAQ:ECX)’s traded shares stood at 0.4 million during the last session, with the company’s beta value hitting 0.35. At the close of trading, the stock’s price was $1.91, to imply an increase of 0.53% or $0.01 in intraday trading. The ECX share’s 52-week high remains $3.09, putting it -61.78% down since that peak but still an impressive 49.74% since price per share fell to its 52-week low of $0.96. The company has a valuation of $655.38M, with an average of 1.97 million shares in intraday trading volume over the past 10 days and average of 642.38K shares over the past 3 months.
ECARX Holdings Inc (NASDAQ:ECX) trade information
After registering a 0.53% upside in the last session, ECARX Holdings Inc (ECX) has traded red over the past five days. The 5-day price performance for the stock is -12.79%, and -1.55% over 30 days. With these gigs, the year-to-date price performance is -9.48%. Short interest in ECARX Holdings Inc (NASDAQ:ECX) saw shorts transact 61312.0 shares and set a 0.07 days time to cover.
ECARX Holdings Inc (ECX) estimates and forecasts
Looking at statistics comparing ECARX Holdings Inc share performance against respective industry, we note that the company has underperformed competitors. ECARX Holdings Inc (ECX) shares are 12.35% up over the last 6 months, with its year-to-date growth rate lower than industry average at -7.69% against 15.00%. The rating firms project that company’s revenue will grow 15.28% compared to the previous financial year.
Revenue forecast for the current quarter as set by 1 analysts is 245.41M. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 175.16M.Earnings reports from the last fiscal year show that sales brought in 263.1M and 128.5M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -6.73% before jumping 36.31% in the following quarter.
ECX Dividends
ECARX Holdings Inc has its next earnings report out in February. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
We also have Invesco ETF Tr-Invesco Golden Dragon China ETF and Fidelity NASDAQ Composite Index Fund as the top two Mutual Funds with the largest holdings of the ECARX Holdings Inc (ECX) shares. Going by data provided on Oct 31, 2024 , Invesco ETF Tr-Invesco Golden Dragon China ETF holds roughly 257.82 shares. This is just over 0.09% of the total shares, with a market valuation of $0.49 million. Data from the same date shows that the other fund manager holds a little less at 170.91, or 0.06% of the shares, all valued at about 0.33 million.
