The stock of XPeng Inc ADR (NYSE:XPEV) last traded at $12.07, up 4.77% from the previous session.
XPEV stock price is now 15.27% away from the 50-day moving average and 37.48% away from the 200-day moving average. The market capitalization of the company currently stands at $9.33B.
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With the price target enhanced from $8 to $11.50, JP Morgan Upgraded its rating from Neutral to Overweight for XPeng Inc ADR (NYSE: XPEV). , while ‘Citigroup’ rates the stock as ‘Neutral’
In other news, GGV (XPENG) LTD, Affiliate bought 408,506 shares of the company’s stock on Sep 04 ’24. The stock was bought for $3,480,471 at an average price of $8.52. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 23 ’24, Affiliate GGV (XPENG) LTD bought 800,515 shares of the business’s stock. A total of $5,633,224 was incurred on buying the stock at an average price of $7.04. A total of 1.03% 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 $18.74. As of last week, the company has a debt-to-equity ratio of 0.41, a current ratio of 1.50, and a quick ratio of 1.31. The fifty day moving average price for XPEV is $10.3696 and a two-hundred day moving average price translates $8.76755 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.
