Stocks of XPeng Inc ADR (NYSE:XPEV) traded higher last session on Wall Street, up 3.98% to $8.37.
XPEV stock price is now 8.32% away from the 50-day moving average and -13.57% away from the 200-day moving average. The market capitalization of the company currently stands at $6.46B.
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On June 25, 2024, Citigroup Upgraded its previous ‘Sell’ rating to ‘Neutral’ on the stock increasing its target price from $7.70 to quote $8.30, while ‘Daiwa Securities’ rates the stock as ‘Buy’
In other news, GGV (XPENG) LTD, Affiliate bought 800,515 shares of the company’s stock on Aug 23 ’24. The stock was bought for $5,633,224 at an average price of $7.04. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 22 ’24, Affiliate GGV (XPENG) LTD bought 5,700 shares of the business’s stock. A total of $39,900 was incurred on buying the stock at an average price of $7.00. A total of 1.04% of the company’s stock is owned by insiders.
During the past 12 months, XPeng Inc ADR has had a low of $6.55 and a high of $19.96. As of last week, the company has a debt-to-equity ratio of 0.66, a current ratio of 1.50, and a quick ratio of 1.31. The fifty day moving average price for XPEV is $7.7398 and a two-hundred day moving average price translates $9.64105 for the stock.
The latest earnings results from XPeng Inc ADR (NYSE: XPEV) was released for 2024-06-30. The net profit margin was -21.75% and return on equity was -23.76% for XPEV. The company reported revenue of $1.12 billion for the quarter, compared to $698.18 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 59.87 percent.
