ECX (億咖通科技), a company specializing in automotive technology, recently experienced a significant stock price drop of 5.10%. The stock is currently priced at $1.86 with a trading volume of 3,958 shares, reflecting a turnover rate of 0.00% and a price fluctuation of 2.55%.
According to the latest financial reports, ECX reported a revenue of $173 million, with a net loss of $39.20 million. The earnings per share stand at -$0.12, and the gross profit is $40.10 million, resulting in a negative price-to-earnings ratio of -4.14. Despite this, all four rating institutions covering the stock have given a buy recommendation, with no hold or sell suggestions.
In the broader auto parts industry, where ECX is categorized, the average decline is 1.73%. Notable performers in the sector include Worksport, Ltd. and Hyzon Motors Inc, with significant trading activity and price fluctuations. Worksport, Ltd., for instance, displayed a turnover rate of 2.75% and a notable price amplitude of 16.80%.
ECX is involved in the sales and development of system-on-chip core modules, automotive computing platforms, and software stacks in China. Key products include infotainment head units, digital cockpits, vehicle chipset solutions, and integrated software stacks, along with the development of a full-stack automotive computing platform focusing on automotive intelligence and networking.
