ECARX (NASDAQ:ECX) Stock Price Up 4.4%

ECARX Holdings Inc. (NASDAQ:ECX) shares rose 4.4% on Wednesday . The stock traded as high as $1.67 and last traded at $1.65. Approximately 7,878 shares were traded during mid-day trading, a decline of 91% from the average daily volume of 84,875 shares. The stock had previously closed at $1.58.

ECARX Stock Down 5.5 %

The company has a fifty day moving average of $2.20 and a two-hundred day moving average of $2.76.

ECARX (NASDAQ:ECX) last issued its earnings results on Wednesday, February 28th. The company reported ($0.12) EPS for the quarter. The company had revenue of $263.10 million during the quarter. Analysts predict that ECARX Holdings Inc. will post -0.27 earnings per share for the current year.

Institutional Trading of ECARX

A number of large investors have recently bought and sold shares of ECX. Schonfeld Strategic Advisors LLC acquired a new position in ECARX in the third quarter valued at about $51,000. Altshuler Shaham Ltd bought a new position in shares of ECARX during the fourth quarter worth about $59,000. JPMorgan Chase & Co. bought a new position in shares of ECARX during the second quarter worth about $72,000. Goldman Sachs Group Inc. bought a new position in ECARX in the second quarter valued at approximately $102,000. Finally, Northern Trust Corp bought a new position in ECARX in the fourth quarter valued at approximately $161,000.

ECARX Company Profile

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.