ECARX (NASDAQ:ECX) Shares Gap Down – Here’s What Happened

Shares of ECARX Holdings Inc. (NASDAQ:ECXGet Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $1.94, but opened at $1.88. ECARX shares last traded at $1.82, with a volume of 108,693 shares.

ECARX Stock Performance

The company has a market capitalization of $601.55 million, a PE ratio of -3.56 and a beta of 0.38. The company has a 50 day simple moving average of $1.82 and a 200 day simple moving average of $1.72.

ECARX Company Profile

(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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