Li Auto Inc ADR (NASDAQ: LI) is -34.81% 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 $24.11 in the last trading session, with the day’s gains setting it 0.33%.
Currently trading at $24.44, the stock is 6.55% and 1.51% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.9 million and changing 1.37% at the moment leaves the stock 3.04% off its SMA200. LI registered -26.51% loss for a year compared to 6-month gain of 28.96%. The firm has a 50-day simple moving average (SMA 50) of $24.1202 and a 200-day simple moving average (SMA200) of $23.778576.
The stock witnessed a 9.52% loss in the last 1 month and extending the period to 3 months gives it a 2.65%, and is 8.93% 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 2.36% over the week and 2.66% over the month.
Li Auto Inc ADR (LI) has around 31591 employees, a market worth around $19.92B and $19.69B in sales. Current P/E ratio is 18.44 and Fwd P/E is 15.45. Profit margin for the company is 7.16%. Distance from 52-week low is 40.14% and -47.37% from its 52-week high. The company has generated returns on investments over the last 12 months (12.36%).
with sales reaching $45.41B over the same period.The EPS is expected to shrink by -30.58% this year, but quarterly earnings will post 18.09% year-over-year. Quarterly sales are estimated to grow 8.81% in year-over-year returns.
The shares outstanding are 814.93M, and float is at 798.17M with Short Float at 3.74%.
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.
