Should You Sell Li Auto Inc ADR (LI) And Go Away This Year?

Li Auto Inc ADR (NASDAQ:LI) currently has a daily average trading volume of 6.72M but it saw 5030289 shares traded in last market. With a market cap of 15.30B USD, the company’s current market price of $18.77 came falling about -1.21 while comparing to the previous closing price of $19.00. In past 52 weeks, the stock remained buoying in the range of price level as high as $46.44 and as low as $17.44. In the recent trading on the day, stock has struck highest price mark of $18.61 while lowest mark touched by it was $19.12.

Taking a look at 20-day trading activity of Li Auto Inc ADR (LI) gives us an average price of $19.92, while its current price level is -59.58% below from 52-week high level whereas it is 7.63% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $19.77 while that of 200 days or SMA-200 reads an average of $27.78. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.48% during that period while stretching the period over a month that decreases to 3.91%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 44.28 which implies that the stock is in neutral territory.

CLSA downgraded its recommendation for the stock as a “Outperform” from “Buy” on May 22, 2024 while assigning a price target of $25. Barclays also issued its recommendations for the stock as it downgraded the price target for the stock is $25.

Over the week, LI’s stock price is moving -11.55% down while it is -0.48% when we observe its performance for the past one month. Year-to-date it is -49.85% down and over the past year, the stock is showing a downside performance of -55.66%.

Currently, Li Auto Inc ADR’s total number of outstanding shares is 814.93M. Company’s return on investment (ROI) stands at 13.43% and return on equity (ROE) at 18.29%. It has a price to earnings ratio (P/E ratio) of 14.18 while having a 11.46 of forward P/E ratio. Stock’s beta reads 0.96. Stock has a price to book (P/B) ratio of 2.15 while price to sale or P/S ratio amounts to 0.83. Its return on asset (ROA) is 8.24% on average.