XPeng Inc ADR’s Stock Price Plummeted Recently, But There Might Be Trouble Ahead

XPeng Inc ADR (NYSE:XPEV) traded at $7.84 at close of the session on Friday, April 26, made an upward move of 10.73% on its previous day’s price.

Looking at the stock we see that its previous close was $7.08 . In terms of its 52-week price range, XPEV has a high of $23.62 and a low of $6.55. The company’s stock has gained about 0.38% over that past 30 days.

XPeng Inc ADR has a market cap of $6.03 billion. Estimates by analysts give the company expected earnings per share (EPS) of -$0.27, with the EPS growth for the year raised at -$1.1 for 2024 and -$0.68 for next year. These figures represent 34.50% and 38.20% growth in EPS for the two years respectively.

Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $867.33 million, with a low of $822.59 million and a high of $902.42 million. The median projection represents growth squeezing down to 53.60% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $6.79 billion, or 57.20% up from figures reported last year.

There have been 1 upward and — downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the XPEV stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 100% Sell. Long term indicators on average place the stock in the category of 100% Sell.

Looking further, we note the current price level is 5.38% off its SMA20 and -8.24% from its 50-day simple moving average. The RSI (14) is pointing at 50.85 while the volatility over the past week is 4.70% and jumps to 4.67% over the past one month. The beta value is 2.90, while the average true range (ATR) is currently pointing at 0.46.

Coming back to XPeng Inc ADR (NYSE:XPEV), we note that the average 3-month trading volume was 13.52 million. Current shares outstanding are 767.65 million.

The insiders hold 1.34% of the company’s shares while institutions hold 13.06%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -46.26% down in year-to-date price movement.

Most Popular