ECARX Holdings Inc (NASDAQ: ECX)’s stock price has increased by 7.67 compared to its previous closing price of 2.02. However, the company has seen a 7.67% increase in its stock price over the last five trading sessions. globenewswire.com reported 2025-01-08 that SHANGHAI, Jan. 08, 2025 (GLOBE NEWSWIRE) — ECARX Holdings, Inc. (Nasdaq: ECX) (“ECARX” or “the Company”), a global mobility tech provider, today announced that its Cloudpeak® hypervisor, a core component of its Cloudpeak® software stack, received the highest level of functional safety certification, Automotive Safety Integrity Level (“ASIL”) D, under the ISO 26262 standard. The ASIL-D certification was jointly issued by LQRA and DEKRA, two internationally recognized independent third-party testing, inspection, and certification organizations, underscoring ECARX’s robust capabilities in automotive-grade safety development and management.
Is It Worth Investing in ECARX Holdings Inc (NASDAQ: ECX) Right Now?
Additionally, the 36-month beta value for ECX is 0.35. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for ECX is 111.14M and currently, short sellers hold a 0.09% ratio of that float. The average trading volume of ECX on January 10, 2025 was 440.54K shares.
ECX’s Market Performance
ECX stock saw an increase of 7.67% in the past week, with a monthly gain of 10.41% and a quarterly increase of 18.21%. The volatility ratio for the week is 4.19%, and the volatility levels for the last 30 days are 7.01% for ECARX Holdings Inc (ECX). The simple moving average for the last 20 days is 11.10% for ECX stock, with a simple moving average of 26.90% for the last 200 days.
Analysts’ Opinion of ECX
Many brokerage firms have already submitted their reports for ECX stocks, with Cantor Fitzgerald repeating the rating for ECX by listing it as a “Overweight.” The predicted price for ECX in the upcoming period, according to Cantor Fitzgerald is $10 based on the research report published on May 22, 2023 of the previous year 2023.
ECX Trading at 16.35% from the 50-Day Moving Average
After a stumble in the market that brought ECX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -29.61% of loss for the given period.
Volatility was left at 7.01%, however, over the last 30 days, the volatility rate increased by 4.19%, as shares surge +12.31% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +20.33% upper at present.
During the last 5 trading sessions, ECX rose by +8.42%, which changed the moving average for the period of 200-days by +9.50% in comparison to the 20-day moving average, which settled at $1.96. In addition, ECARX Holdings Inc saw 3.08% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for ECX
Current profitability levels for the company are sitting at:
- -0.2 for the present operating margin
- 0.21 for the gross margin
The net margin for ECARX Holdings Inc stands at -0.22. The total capital return value is set at 1.39.
Based on ECARX Holdings Inc (ECX), the company’s capital structure generated 4.56 points at debt to capital in total, while cash flow to debt ratio is standing at 0.02. The debt to equity ratio resting at -1.28. The interest coverage ratio of the stock is -11.51.
Currently, EBITDA for the company is -814.87 million with net debt to EBITDA at -1.47. When we switch over and look at the enterprise to sales, we see a ratio of 1.31. The receivables turnover for the company is 3.86for trailing twelve months and the total asset turnover is 1.44. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.62.
Conclusion
In conclusion, ECARX Holdings Inc (ECX) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
