Li Auto Inc ADR (NASDAQ: LI) Loses -59.69% From High. Why That Could Change?

Currently, there are 814.93M common shares owned by the public and among those 805.20M shares have been available to trade.

The company’s stock has a 5-day price change of 3.02% and -37.69% over the past three months. LI shares are trading -49.02% year to date (YTD), with the 12-month market performance down to -44.36% lower. It has a 12-month low price of $17.75 and touched a high of $47.33 over the same period. LI has an average intraday trading volume of 7.86 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 0.06%, -15.43%, and -39.46% respectively.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Institutional ownership of Li Auto Inc ADR (NASDAQ: LI) shares accounts for 11.13% of the company’s 814.93M shares outstanding.

It has a market capitalization of $15.55B and a beta (3y monthly) value of 0.96. The stock’s trailing 12-month PE ratio is 12.80, while the earnings-per-share (ttm) stands at $1.49. The company has a PEG of 1.60 and a Quick Ratio of 1.37 with the debt-to-equity ratio at 0.25. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.69% over the week and 2.89% over the month.

Earnings per share for the fiscal year are expected to decrease by -18.93%, and 55.35% over the next financial year.

Looking at the support for the LI, a number of firms have released research notes about the stock. CLSA stated their Outperform rating for the stock in a research note on May 22, 2024, with the firm’s price target at $25. Barclays coverage for the Li Auto Inc ADR (LI) stock in a research note released on April 25, 2024 offered a Equal Weight rating with a price target of $25. Macquarie was of a view on April 15, 2024 that the stock is Outperform, while Deutsche Bank gave the stock Buy rating on February 06, 2024, issuing a price target of $45- $41. Goldman on their part issued Buy rating on January 03, 2024.

Most Popular

Related Posts