LI Stock Forecast: All the More Reason to Consider Li Auto Inc ADR (LI) Now

Li Auto Inc ADR (NASDAQ: LI) is -49.59% lower on its value in year-to-date trading and has touched a low of $17.44 and a high of $46.44 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LI stock was last observed hovering at around $18.31 in the last trading session, with the day’s gains setting it 0.56%.

Currently trading at $18.87, the stock is -4.85% and -4.54% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.47 million and changing 3.06% at the moment leaves the stock -31.56% off its SMA200. LI registered -51.08% loss for a year compared to 6-month loss of -48.07%.

The stock witnessed a -4.36% gain in the last 1 month and extending the period to 3 months gives it a -6.03%, and is -3.03% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.18% over the week and 3.94% over the month.

Li Auto Inc ADR (LI) has around 31591 employees, a market worth around $15.38B and $18.50B in sales. Current P/E ratio is 14.26 and Fwd P/E is 11.51. Profit margin for the company is 7.61%. Distance from 52-week low is 8.20% and -59.37% from its 52-week high. The company has generated returns on investments over the last 12 months (13.43%).

The EPS is expected to shrink by -33.23% this year.

Li Auto Inc ADR (LI) Top Institutional Holders

The shares outstanding are 814.93M, and float is at 800.06M with Short Float at 4.17%.

The top institutional shareholder in the company is XIAMEN XINWEIDACHUANG INVESTMENT PARTNERSHIP (LIMITED PARTNERSHIP) with over 9.15 million shares valued at $163.66 million. The investor’s holdings represent 0.9215% of the LI Shares outstanding. As of 2024-06-30, the second largest holder is RENAISSANCE TECHNOLOGIES LLC with 7.25 million shares valued at $129.69 million to account for 0.7302 of the shares outstanding. The other top investors are ASPEX MANAGEMENT (HK) LTD which holds 6.87 million shares representing 0.6912% and valued at over $122.75 million, while BRILLIANCE ASSET MANAGEMENT LTD holds 0.4296 of the shares totaling 4.27 million with a market value of $76.3 million.