Growth Story Still Intact For Li Auto Inc ADR (LI)

Li Auto Inc ADR (LI) concluded trading on Thursday at a closing price of $30.68, with 2.96 million shares of worth about $90.89 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -23.87% during that period and on Thursday the price saw a gain of about 1.66%. Currently the company’s common shares owned by public are about 824.31M shares, out of which, 810.89M shares are available for trading.

However, the stock later moved at a day high price of 31.05, or with a gain of 1.66%. Stock saw a price change of 0.59% in past 5 days and over the past one month there was a price change of 5.25%. Year-to-date (YTD), LI shares are showing a performance of -18.03% which increased to 19.66% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $20.80 but also hit the highest price of $47.33 during that period. The average intraday trading volume for Li Auto Inc ADR shares is 6.45 million. The stock is currently trading 6.21% above its 20-day simple moving average (SMA20), while that difference is down -4.56% for SMA50 and it goes to -12.23% lower than SMA200.

Li Auto Inc ADR (NASDAQ: LI) currently have 824.31M outstanding shares and institutions hold larger chunk of about 11.43% of that.

The stock has a current market capitalization of $25.29B and its 3Y-monthly beta is at 0.90. PE ratio of stock for trailing 12 months is 36.47, while it has posted earnings per share of $0.84 in the same period. It has Quick Ratio of 1.59 while making debt-to-equity ratio of 0.21. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for LI, volatility over the week remained 2.43% while standing at 3.40% over the month.

Analysts are in expectations that Li Auto Inc ADR (LI) stock would likely to be making an EPS of $0.29 in the current quarter, while forecast for next quarter EPS is $0.29 and it is $1.5 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.13 which is $0.36 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.04 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 79669.18% while it is estimated to increase by 48.07% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Deutsche Bank on February 06, 2024 offering a Buy rating for the stock and assigned a target price range of between $45 and $41 to it.

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