Li Auto Inc ADR (NASDAQ: LI) is 9.92% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The LI stock was last observed hovering at around $26.02 in the last trading session, with the day’s gains setting it 0.35%.
Currently trading at $26.37, the stock is 12.63% and 12.88% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.15 million and changing 1.35% at the moment leaves the stock 16.70% off its SMA200. LI registered -12.86% loss for a year compared to 6-month gain of 33.65%. The firm has a 50-day simple moving average (SMA 50) of $23.2835 and a 200-day simple moving average (SMA200) of $22.5887.
The stock witnessed a 13.71% loss in the last 1 month and extending the period to 3 months gives it a 6.72%, and is 15.25% 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 3.02% over the week and 3.03% over the month.
Li Auto Inc ADR (LI) has around 31591 employees, a market worth around $21.49B and $19.69B in sales. Current P/E ratio is 19.90 and Fwd P/E is 16.74. Profit margin for the company is 7.16%. Distance from 52-week low is 51.20% and -43.22% from its 52-week high. The company has generated returns on investments over the last 12 months (12.36%).
with sales reaching $44.46B over the same period.The EPS is expected to shrink by -30.98% this year, but quarterly earnings will post 17.93% year-over-year. Quarterly sales are estimated to grow 6.54% in year-over-year returns.
Li Auto Inc ADR (LI) Top Institutional Holders
The shares outstanding are 814.93M, and float is at 798.15M with Short Float at 4.04%.
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
#####