Li Auto Inc ADR (NASDAQ: LI) is -5.71% 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 $23.79 in the last trading session, with the day’s loss setting it -1.17%.
Currently trading at $22.62, the stock is -3.78% and -2.22% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.05 million and changing -4.92% at the moment leaves the stock -1.30% off its SMA200. LI registered -19.90% loss for a year compared to 6-month gain of 10.56%. The firm has a 50-day simple moving average (SMA 50) of $23.1744 and a 200-day simple moving average (SMA200) of $22.953976.
The stock witnessed a -0.62% loss in the last 1 month and extending the period to 3 months gives it a -10.42%, and is 1.30% 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 3.31% over the week and 2.95% over the month.
Li Auto Inc ADR (LI) has around 31591 employees, a market worth around $18.43B and $19.69B in sales. Current P/E ratio is 17.07 and Fwd P/E is 14.24. Profit margin for the company is 7.16%. Distance from 52-week low is 29.70% and -51.29% from its 52-week high. The company has generated returns on investments over the last 12 months (12.36%).
with sales reaching $45.1B over the same period.The EPS is expected to shrink by -30.73% this year, but quarterly earnings will post 17.89% year-over-year. Quarterly sales are estimated to grow 8.06% in year-over-year returns.
The shares outstanding are 814.93M, and float is at 798.17M with Short Float at 3.87%.
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.
