Li Auto Inc ADR (NASDAQ:LI) shares, rose in value, with the stock price down by -3.79% to the previous day’s close as strong demand from buyers drove the stock to $23.87.
Actively observing the price movement in the last trading, the stock closed the session at $24.81. The PE ratio was 15.48 over 12-month period. Referring to stock’s 52-week performance, its high was $47.33, and the low was $21.48. On the whole, LI has fluctuated by -21.74% over the past month.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that LI’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0.80, with the price of LI currently trading nearly -18.86% and -28.36% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 25.92, while the 7-day volatility ratio is showing 4.57% which for the 30-day chart, stands at 3.41%. Furthermore, Li Auto Inc ADR (LI)’s beta value is 1.10, and its average true range (ATR) is 1.48.
A comparison of Li Auto Inc ADR (LI) with its peers suggests the former has fared considerably weaker in the market. LI showed an intraday change of -3.79% in last session, and over the past year, it grew by 5.25%%.
Data on historical trading for Li Auto Inc ADR (NASDAQ:LI) indicates that the trading volumes over the past 3 months, they’ve averaged 8.11 million. According to company’s latest data on outstanding shares, there are 814.93 million shares outstanding.
Nearly 1.04% of Li Auto Inc ADR’s shares belong to company insiders and institutional investors own 11.21% of the company’s shares. The stock has fallen by -36.23% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the LI stock heading into the next quarter.
