XPeng Inc ADR (NYSE:XPEV) price on Wednesday, May 09, fall -6.41% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $7.89.
A look at the stock’s price movement, the close in the last trading session was $8.43. Turning to its 52-week performance, $23.62 and $6.55 were the 52-week high and 52-week low respectively. Overall, XPEV moved -2.23% over the past month.
XPeng Inc ADR’s market cap currently stands at around $6.07 billion.
Analysts have a consensus estimate of 869.44M for the company’s revenue for the quarter, with a low and high estimate of 824.59M and 904.62M respectively. The average forecast suggests up to a 54.00% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 6.77B, representing a 56.50% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that XPEV is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
XPEV’s current price about 1.04% and -6.64% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 47.31, while 7-day volatility ratio is 5.49% and 4.67% in the 30-day chart. Further, XPeng Inc ADR (XPEV) has a beta value of 2.83, and an average true range (ATR) of 0.51.
If we refocus on XPeng Inc ADR (NYSE:XPEV), historical trading data shows that trading volumes averaged 14.00 million over the past 3 months. The company’s latest data on shares outstanding shows there are 767.65 million shares.
The 1.34% of XPeng Inc ADR’s shares are in the hands of company insiders while institutional holders own 13.36% of the company’s shares. Current price change has pushed the stock -45.92% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the XPEV stock continues to rise going into the next quarter.
