In yesterday’s Wall Street session, Li Auto Inc ADR (NASDAQ:LI) shares traded at $19.46, down -1.17% from the previous session.
LI stock price is now -1.31% away from the 50-day moving average and -30.74% away from the 200-day moving average. The market capitalization of the company currently stands at $15.86B.
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With the price target maintained at $25, CLSA recently Downgraded its rating from Buy to Outperform for Li Auto Inc ADR (NASDAQ: LI). On April 25, 2024, Barclays Downgraded its previous ‘Overweight’ rating to ‘Equal Weight’ on the stock keeping its target price maintained at $25, while ‘Macquarie’ rates the stock as ‘Outperform’
A total of 1.82% of the company’s stock is owned by insiders.
During the past 12 months, Li Auto Inc ADR has had a low of $17.44 and a high of $46.44. As of last week, the company has a debt-to-equity ratio of 0.25, a current ratio of 1.76, and a quick ratio of 1.63. According to the stock market information, the enterprise value for the company is -$43063812096, which is based on a 14.70 price-to-earnings ratio, a 4.59 price-to-earnings-growth ratio, and a beta of 0.95. The fifty day moving average price for LI is $19.7464 and a two-hundred day moving average price translates $27.99765 for the stock.
The latest earnings results from Li Auto Inc ADR (NASDAQ: LI) was released for 2024-06-30. The net profit margin was 7.61% and return on equity was 18.29% for LI. The company reported revenue of $4.36 billion for the quarter, compared to $2.74 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 59.35 percent.
