XPeng Inc ADR (NYSE: XPEV) Emerges As Guiding Light For Investors

XPeng Inc ADR (NYSE:XPEV) currently has a daily average trading volume of 10.99M but it saw 11531185 shares traded in last market. With a market cap of 6.51B USD, the company’s current market price of $8.43 came rising about 0.72 while comparing to the previous closing price of $8.37. In past 52 weeks, the stock remained buoying in the range of price level as high as $19.85 and as low as $6.55. In the recent trading on the day, stock has struck highest price mark of $8.42 while lowest mark touched by it was $8.67.

Taking a look at 20-day trading activity of XPeng Inc ADR (XPEV) gives us an average price of $7.26, while its current price level is -57.53% below from 52-week high level whereas it is 28.69% 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 $7.75 while that of 200 days or SMA-200 reads an average of $9.60. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.36% during that period while stretching the period over a month that decreases to 4.80%. 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 60.52 which implies that the stock is in neutral territory.

Citigroup upgraded its recommendation for the stock as a “Neutral” from “Sell” on June 25, 2024 while assigning a price target range of $7.70-$8.30. Daiwa Securities also issued its recommendations for the stock as it upgraded the price target for the stock is $11.

Over the week, XPEV’s stock price is moving 5.38% up while it is 15.16% when we observe its performance for the past one month. Year-to-date it is -42.22% down and over the past year, the stock is showing a downside performance of -54.94%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.62 beaten by the consensus estimate of -0.55 for the same. The company is expected to be releasing its next quarterly report on 2024-Nov-13, for which analysts forecasted an EPS of -0.27 while estimate for next year EPS is -0.79. In next quarter, company is expected to be making quarterly sales of $2.14B as analysts are expecting the sales for current fiscal year at $5.65B and seeing the company making $8.83B in sales next year. Moreover, analysts are in estimates of $1.38B for current-quarter revenue.

Currently, XPeng Inc ADR’s total number of outstanding shares is 767.65M with 1.20% of that held by the insiders while 11.99% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -19.08% and return on equity (ROE) at -23.76%. Stock’s beta reads 2.71. Stock has a price to book (P/B) ratio of 1.70 while price to sale or P/S ratio amounts to 1.30. Its return on asset (ROA) is -11.18% on average.