ECARX Holdings Inc [ECX] stock prices are up 2.98% to $1.73 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ECX shares have gain 7.45% over the last week, with a monthly amount drifted -14.36%, and not 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.
The stock price of ECARX Holdings Inc [ECX] has been fluctuating between $0.96 and $3.09 over the past year. ECARX Holdings Inc [NASDAQ: ECX] shares were valued at $1.73 at the most recent close of the market.
Analyzing the ECX fundamentals
The ECARX Holdings Inc [NASDAQ:ECX] reported sales of 767.70M for trailing twelve months, representing a surge 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -1.38.
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 1.6767 points at the first support level, and at 1.6233 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.7667, and for the 2nd resistance point, it is at 1.8033.
Ratios To Look Out For
It’s worth pointing out that ECARX Holdings Inc [NASDAQ:ECX]’s Current Ratio is 0.62. Also, the Quick Ratio is 0.57, while the Cash Ratio stands at 0.14. Considering the valuation of this stock, the price to sales ratio is 0.77.
