When Will ECARX Holdings Inc. (ECX) Be Worth Investing In?

ECARX Holdings Inc (NASDAQ:ECX) has a beta value of 0.10 and has seen 3.1 million shares traded in the last trading session. The company, currently valued at $960.76M, closed the last trade at $2.80 per share which meant it gained $0.07 on the day or 2.56% during that session. The ECX stock price is -6.43% off its 52-week high price of $2.98 and 65.71% above the 52-week low of $0.96.

ECARX Holdings Inc (NASDAQ:ECX) trade information

Sporting 2.56% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the ECX stock price touched $2.80 or saw a rise of 6.04%. Year-to-date, ECARX Holdings Inc shares have moved 32.70%, while the 5-day performance has seen it change 29.63%. Over the past 30 days, the shares of ECARX Holdings Inc (NASDAQ:ECX) have changed 72.84%.

ECARX Holdings Inc (ECX) estimates and forecasts

The company’s shares have gained 60.92% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 18.80%.

2 analysts offering their estimates for the company have set an average revenue estimate of 240.78M for the current quarter. 1 have an estimated revenue figure of 175.16M for the next ending quarter. Year-ago sales stood 263.1M and 128.5M respectively for this quarter and the next, and analysts expect sales will shrink by -8.48% for the current quarter and 18.80% for the next.

ECX Dividends

ECARX Holdings Inc is expected to release its next earnings report in April this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Also the top two Mutual Funds that are holding company’s shares are Invesco ETF Tr-Invesco Golden Dragon China ETF and Fidelity NASDAQ Composite Index Fund . As of Nov 30, 2024 , the former fund manager holds about 0.08% shares in the company for having 231.78 shares of worth $0.65 million while later fund manager owns 170.91 shares of worth $0.48 million as of Dec 31, 2024 , which makes it owner of about 0.06% of company’s outstanding stock.