A Few Bright Spots In Li Auto Inc ADR (NASDAQ: LI)

Li Auto Inc ADR (NASDAQ:LI) currently has a daily average trading volume of 6.80M but it saw 8049717 shares traded in last market. With a market cap of 19.37B USD, the company’s current market price of $23.77 came falling about -3.84 while comparing to the previous closing price of $24.72. 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 $23.56 while lowest mark touched by it was $24.19.

Taking a look at 20-day trading activity of Li Auto Inc ADR (LI) gives us an average price of $20.13, while its current price level is -48.82% below from 52-week high level whereas it is 36.30% 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 $19.96 while that of 200 days or SMA-200 reads an average of $26.43. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.47% during that period while stretching the period over a month that increases to 4.11%. 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 65.25 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 14.50% up while it is 14.66% when we observe its performance for the past one month. Year-to-date it is -36.49% down and over the past year, the stock is showing a downside performance of -32.78%.

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 17.96 while having a 14.39 of forward P/E ratio. Stock’s beta reads 0.95. Stock has a price to book (P/B) ratio of 2.73 while price to sale or P/S ratio amounts to 1.05. Its return on asset (ROA) is 8.24% on average.