How much can investors make with ECARX Holdings Inc (ECX) stock in the next 12 months?

ECARX Holdings Inc [ECX] stock is trading at $2.19, up 8.42%. An important factor to consider is whether the stock is rising or falling in short-term value. The ECX shares have gain 8.42% over the last week, with a monthly amount glided 11.17%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

ECARX Holdings Inc [NASDAQ: ECX] stock has seen the most recent analyst activity on May 22, 2023, when Cantor Fitzgerald initiated its Overweight rating and assigned the stock a price target of $10.

ECARX Holdings Inc [ECX] stock has fluctuated between $0.96 and $3.09 over the past year. ECARX Holdings Inc [NASDAQ: ECX] shares were valued at $2.19 at the most recent close of the market.

Analyzing the ECX fundamentals

ECARX Holdings Inc [NASDAQ:ECX] reported sales of 767.70M for the trailing twelve months, which represents a growth of 37.23%. Gross Profit Margin for this corporation currently stands at 0.21% with Operating Profit Margin at -0.2%, Pretax Profit Margin comes in at -0.23%, and Net Profit Margin reading is -0.22%. To continue investigating profitability, this company’s Return on Assets is posted at -0.31, Equity is 0.9 and Total Capital is 1.39. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-1.28.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.05 points at the first support level, and at 1.90 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.29, and for the 2nd resistance point, it is at 2.39.

Ratios To Look Out For

For context, ECARX Holdings Inc’s Current Ratio is 0.62. On the other hand, the Quick Ratio is 0.57, and the Cash Ratio is 0.14. Considering the valuation of this stock, the price to sales ratio is 0.98.

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