ECARX (NASDAQ:ECX) Shares Gap Up – Time to Buy?

Shares of ECARX Holdings Inc. (NASDAQ:ECXGet Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $1.80, but opened at $1.86. ECARX shares last traded at $1.86, with a volume of 200 shares trading hands.

ECARX Stock Performance

The firm has a market cap of $628.59 million, a price-to-earnings ratio of -3.72 and a beta of 0.33. The business has a 50 day simple moving average of $1.81 and a 200-day simple moving average of $1.66.

About ECARX

(Get Free Report)

ECARX Holdings Inc develops a full stack automotive computing platform to shape the interaction between people and cars by rapidly advancing the technology by smart mobility worldwide. It offers system on chips, central computing platforms, operating systems, and software. Its core products include infotainment head units, digital cockpits, vehicle chip-set solutions, core operating system, and integrated software stack.

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