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Why Li Auto Inc ADR (LI) Stock Could See Much Higher Prices Ahead

Li Auto Inc ADR (NASDAQ: LI) is -10.34% lower on its value in year-to-date trading and has touched a low of $17.44 and a high of $33.12 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 $23.07 in the last trading session, with the day’s loss setting it -1.56%.

Currently trading at $21.51, the stock is -18.42% and -18.55% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.0 million and changing -6.76% at the moment leaves the stock -8.07% off its SMA200. LI registered -27.40% loss for a year compared to 6-month gain of -25.36%. The firm has a 50-day simple moving average (SMA 50) of $26.4101 and a 200-day simple moving average (SMA200) of $23.3993.

The stock witnessed a -25.88% loss in the last 1 month and extending the period to 3 months gives it a -13.09%, and is -14.64% 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 3.96% over the week and 3.82% over the month.

Current P/E ratio is 20.50 and Fwd P/E is 10.95. Profit margin for the company is 5.56%. Distance from 52-week low is 23.34% and -35.05% from its 52-week high. The company has generated returns on investments over the last 12 months (9.55%).

with sales reaching $25.12B over the same period.The EPS is expected to shrink by -1.94% this year, but quarterly earnings will post 17.90% year-over-year. Quarterly sales are estimated to shrink -2.01% in year-over-year returns.

Li Auto Inc ADR (LI) Top Institutional Holders

302.0 institutions hold shares in Li Auto Inc ADR (LI), with institutional investors hold 9.36% of the company’s shares. The shares outstanding are 824.36M, and float is at 810.62M with Short Float at 3.55%. Institutions hold 9.36% of the Float.

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 0.871% 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 0.6902 of the shares outstanding. The other top investors are ASPEX MANAGEMENT (HK) LTD which holds 6.87 million shares representing 0.6533% and valued at over $122.75 million, while BRILLIANCE ASSET MANAGEMENT LTD holds 0.4061 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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