Is ECARX Holdings Inc (NASDAQ:ECX), -47.5% Below Its High, Poised For A Strong Recovery?

In last trading session, ECARX Holdings Inc (NASDAQ:ECX) saw 2.02 million shares changing hands with its beta currently measuring 0.32. Company’s recent per share price level of $2.00 trading at -$0.05 or -2.44% at ring of the bell on the day assigns it a market valuation of $686.26M. That closing price of ECX’s stock is at a discount of -47.5% from its 52-week high price of $2.95 and is indicating a premium of 52.0% from its 52-week low price of $0.96.

ECARX Holdings Inc (NASDAQ:ECX) trade information

Upright in the red during last session for losing -2.44%, in the last five days ECX remained trading in the red while hitting it’s week-highest on Tuesday, 02/18/25 when the stock touched $2.00 price level, adding 9.91% to its value on the day. ECARX Holdings Inc’s shares saw a change of -5.21% in year-to-date performance and have moved -4.31% in past 5-day. ECARX Holdings Inc (NASDAQ:ECX) showed a performance of 4.71% in past 30-days.

ECARX Holdings Inc (ECX) estimates and forecasts

This year revenue growth is estimated to rise 18.80% from the last financial year’s standing.

2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 240.78M for the same. And 1 analysts are in estimates of company making revenue of 175.16M in the next quarter. Company posted 263.1M and 128.5M of sales in current and next quarters respectively a year earlier.

On the other hand, Invesco ETF Tr-Invesco Golden Dragon China ETF and Fidelity NASDAQ Composite Index Fund are the top two Mutual Funds which own company’s shares. As of Nov 30, 2024 , the former fund manager was holding 231.78 shares of worth $0.46 million or 0.08% of the total outstanding shares. The later fund manager was in possession of 170.91 shares on Nov 30, 2024 , making its stake of worth around $0.34 million in the company or a holder of 0.06% of company’s stock.