Li Auto Inc ADR (NASDAQ:LI) price is hovering lower on Monday, April 15, dropping -1.21% below its previous close.
A look at today’s price movement shows that the recent level at last check reads $29.39. The company’s P/E ratio in the trailing 12-month period read 18.83. Taking into account the 52-week price action we note that the stock hit a 52-week high of $47.33 and 52-week low of $21.48. The stock subtracted -21.08% on its value in the past month.
Li Auto Inc ADR, which has a market valuation of $23.66 billion. Analysts tracking LI have forecast the quarterly EPS to grow by 0.35 per share this quarter, while the same analysts predict the annual EPS to hit $1.83 for the year 2024 and up to $2.56 for 2025. In this case, analysts estimate an annual EPS growth of 19.60% for the year and 39.90% for the next year.
On average, analysts have forecast the company’s revenue for the quarter will hit $4.09 billion, with the likely lows of $3.28 billion and highs of $6.11 billion. The average estimate suggests sales growth for the quarter will likely rise by 57.00% when compared to those recorded in the same quarter in the last financial year. Staying with the analyst view, there is a consensus estimate of $26.73 billion for the company’s annual revenue in 2024. Per this projection, the revenue is forecast to grow 56.20% above that which the company brought in 2024.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with — upward and — downward reviews. On the technical perspective front, indicators give LI a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 0.97. The overview shows that LI’s price is at present -7.50% off the SMA20 and -13.74% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 37.39, with weekly volatility standing at 2.52%. The indicator jumps to 3.33% when calculated based on the past 30 days. Li Auto Inc ADR (NASDAQ:LI)’s beta value is holding at 1.04, while the average true range (ATR) indicator is currently reading 1.41.
An analysis of the Li Auto Inc ADR (NASDAQ:LI) stock in terms of its daily trading volume indicates that the 3-month average is 8.24 million.
Current records show that the company has 814.93M in outstanding shares. The insiders’ percentage holdings are 1.04% of outstanding shares while the percentage share held by institutions stands at 11.31%. But the -22.43% downside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.
