ECARX Holdings Inc [NASDAQ: ECX] gained 25.52% or 0.22 points to close at $1.06 with a heavy trading volume of 8730544 shares.
The daily chart for ECX points out that the company has recorded -40.45% loss over the past six months.
If we look at the average trading volume of 5.19M shares, ECX reached to a volume of 8730544 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 $4.21 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.
The Average True Range (ATR) for ECARX Holdings Inc is set at 0.23, with the Price to Sales ratio for ECX stock in the period of the last 12 months amounting to 0.51.
Trading performance analysis for ECX stock
ECARX Holdings Inc [ECX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.85. With this latest performance, ECX shares dropped by -60.15% in over the last four-week period, additionally sinking by -40.45% over the last 6 months – not to mention a drop of -35.76% 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 39.04, with the RSI for the last a single of trading hit 42.71, and the three-weeks RSI is set at 39.25 for ECARX Holdings Inc [ECX]. The present Moving Average for the last 50 days of trading for this stock 1.9374, while it was recorded at 0.9343 for the last single week of trading, and 1.8321 for the last 200 days.
ECARX Holdings Inc [ECX]: A deeper dive into fundamental analysis
ECARX Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.51 and a Current Ratio set at 0.55.
An analysis of Institutional ownership at ECARX Holdings Inc [ECX]
There are presently around $3.25%, or 8.14%% of ECX stock, in the hands of institutional investors.
