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Li Auto Inc ADR (LI) Is Down -40.69% in 2024 With Lots of Room to Run

Li Auto Inc ADR (NASDAQ: LI) is -40.69% 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 $21.54 in the last trading session, with the day’s gains setting it 0.66%.

Currently trading at $22.20, the stock is 12.37% and 12.11% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.16 million and changing 3.06% at the moment leaves the stock -16.57% off its SMA200. LI registered -42.01% loss for a year compared to 6-month loss of -27.21%.

The stock witnessed a 3.98% gain in the last 1 month and extending the period to 3 months gives it a 19.87%, and is 16.54% up 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 3.93% over the week and 4.00% over the month.

Li Auto Inc ADR (LI) has around 31591 employees, a market worth around $18.09B and $18.50B in sales. Current P/E ratio is 16.77 and Fwd P/E is 13.45. Profit margin for the company is 7.61%. Distance from 52-week low is 27.29% and -52.20% from its 52-week high. The company has generated returns on investments over the last 12 months (13.43%).

with sales reaching $5.91B over the same period.The EPS is expected to shrink by -33.38% this year, but quarterly earnings will post 17.20% year-over-year. Quarterly sales are estimated to grow 25.20% in year-over-year returns.

Li Auto Inc ADR (LI) Top Institutional Holders

The shares outstanding are 814.93M, and float is at 800.06M with Short Float at 3.38%.

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.

Li Auto Inc ADR (LI) Insider Activity

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