Li Auto Inc ADR (LI): Not A Time To Panic Nor Freeze

Li Auto Inc ADR (LI) concluded trading on Thursday at a closing price of $25.32, with 6.3 million shares of worth about $159.53 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 38.06% during that period and on December 26, 2024 the price saw a gain of about 3.60%. Currently the company’s common shares owned by public are about 814.93M shares, out of which, 798.17M shares are available for trading.

Stock saw a price change of 11.25% in past 5 days and over the past one month there was a price change of 12.83%. Year-to-date (YTD), LI shares are showing a performance of -32.35% which decreased to -26.50% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $17.44 but also hit the highest price of $46.44 during that period. The average intraday trading volume for Li Auto Inc ADR shares is 7.62 million. The stock is currently trading 9.54% above its 20-day simple moving average (SMA20), while that difference is up 5.15% for SMA50 and it goes to 7.08% higher than SMA200.

Li Auto Inc ADR (NASDAQ: LI) currently have 814.93M outstanding shares and institutions hold larger chunk of about 7.70% of that.

The stock has a current market capitalization of $20.63B and its 3Y-monthly beta is at 0.92. PE ratio of stock for trailing 12 months is 19.11, while it has posted earnings per share of $1.33 in the same period. Its PEG reads 1.90 and has Quick Ratio of 1.64 while making debt-to-equity ratio of 0.24. 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 2.87% while standing at 2.79% over the month.

Stock’s fiscal year EPS is expected to drop by -30.59% while it is estimated to increase by 44.96% 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 Macquarie on October 04, 2024 offering a Neutral rating for the stock and assigned a target price range of between $25 and $33 to it. On May 22, 2024, CLSA Downgrade their recommendations, while on April 25, 2024, Barclays Downgrade their ratings for the stock with a price target of $25. Stock get an Outperform rating from Macquarie on April 15, 2024.

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