ECARX Holdings Inc (NASDAQ: ECX) Is One Stock You Should Watch

ECARX Holdings Inc (NASDAQ:ECX)’s traded shares stood at 5.6 million during the last session, with the company’s beta value hitting 0.22. At the close of trading, the stock’s price was $2.33, to imply an increase of 8.37% or $0.18 in intraday trading. The ECX share’s 52-week high remains $2.95, putting it -26.61% down since that peak but still an impressive 58.8% since price per share fell to its 52-week low of $0.96.

ECARX Holdings Inc (NASDAQ:ECX) trade information

After registering a 8.37% 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 16.50%, and 33.14% over 30 days. With these gigs, the year-to-date price performance is 10.43%.

ECARX Holdings Inc (ECX) estimates and forecasts

The rating firms project that company’s revenue will grow 18.80% compared to the previous financial year.

Revenue forecast for the current quarter as set by 2 analysts is 240.78M. 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 -8.48% before jumping 36.31% in the following quarter.

ECX Dividends

ECARX Holdings Inc has its next earnings report out in March. 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.