ECARX Holdings Inc [NASDAQ: ECX] loss -0.44% or -0.01 points to close at $2.24 with a heavy trading volume of 8355477 shares.
It opened the trading session at $2.36, the shares rose to $2.395 and dropped to $2.21, the range by which the price of stock traded the whole day. The daily chart for ECX points out that the company has recorded 10.89% gains over the past six months.
If we look at the average trading volume of 4.09M shares, ECX reached to a volume of 8355477 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about ECARX Holdings Inc [ECX]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ECX shares is $3.75 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ECX stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
UBS have made an estimate for ECARX Holdings Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on February 11, 2025. While these analysts kept the previous recommendation, Cantor Fitzgerald raised their target price to Overweight. The new note on the price target was released on May 22, 2023, representing the official price target for ECARX Holdings Inc stock.
Trading performance analysis for ECX stock
ECARX Holdings Inc [ECX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 6.16. With this latest performance, ECX shares gained by 37.42% in over the last four-week period, additionally plugging by 10.89% over the last 6 months – not to mention a rise of 6.16% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ECX stock in for the last two-week period is set at 64.51, with the RSI for the last a single of trading hit 0.19, and the three-weeks RSI is set at 0.17 for ECARX Holdings Inc [ECX]. The present Moving Average for the last 50 days of trading for this stock 1.74, while it was recorded at 2.18 for the last single week of trading, and 1.82 for the last 200 days.
ECARX Holdings Inc [ECX]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and ECARX Holdings Inc [ECX] shares currently have an operating margin of -13.79% and a Gross Margin at 20.38%. ECARX Holdings Inc’s Net Margin is presently recorded at -14.30%.
Return on Equity for this stock declined to -20.82%, with Return on Assets sitting at -20.82%.
An analysis of Institutional ownership at ECARX Holdings Inc [ECX]
There are presently around $10.24%, or 25.63% of ECX stock, in the hands of institutional investors. The top three institutional holders of ECX stocks are: SUSQUEHANNA INTERNATIONAL GROUP, LLP with ownership of 5.07 million shares, which is approximately 1.5001%. LEO WEALTH, LLC, holding 2.82 million shares of the stock with an approximate value of $$5.8 million in ECX stocks shares; and LEO WEALTH, LLC, currently with $$20640.0 in ECX stock with ownership which is approximately 0.1775%.
