A secret that hides ECARX Holdings Inc’s strength (NASDAQ:ECX)

Stocks of ECARX Holdings Inc (NASDAQ:ECX) traded higher last session on Wall Street, up 6.16% to $2.24.

ECX stock price is now 34.51% away from the 50-day moving average and 23.35% away from the 200-day moving average. The market capitalization of the company currently stands at $837.16M.

With the price target of $3.20, UBS recently initiated with Buy rating for ECARX Holdings Inc (NASDAQ: ECX). On May 22, 2023, Cantor Fitzgerald recently initiated its ‘Overweight’ rating on the stock quoting a target price of $10

In other news, GLY New Mobility 1. LP, Board Membership bought 1,288,847 shares of the company’s stock on May 14 ’25. The stock was bought for $2,158,819 at an average price of $1.68. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 27 ’25, Officer Zhou Phil Jing bought 100,000 shares of the business’s stock. A total of $270,000 was incurred on buying the stock at an average price of $2.70. A total of 70.71% of the company’s stock is owned by insiders.

During the past 12 months, ECARX Holdings Inc has had a low of $0.76 and a high of $3.25. The fifty day moving average price for ECX is $1.6653 and a two-hundred day moving average price translates $1.816015 for the stock.

The latest earnings results from ECARX Holdings Inc (NASDAQ: ECX) was released for 2025-03-31. The company reported revenue of $168.5 million for the quarter, compared to $128.5 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 31.13 percent.

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