In yesterday’s Wall Street session, Li Auto Inc ADR (NASDAQ:LI) shares traded at $32.86, down -0.87% from the previous session.
LI stock price is now -1.20% away from the 50-day moving average and -8.94% away from the 200-day moving average. The market capitalization of the company currently stands at $27.09B.
With the price target reduced from $45 to $41, Deutsche Bank Upgraded its rating from Hold to Buy for Li Auto Inc ADR (NASDAQ: LI). , while ‘Jefferies’ rates the stock as ‘Buy’
A total of 1.04% of the company’s stock is owned by insiders.
During the past 12 months, Li Auto Inc ADR has had a low of $21.48 and a high of $47.33. As of last week, the company has a debt-to-equity ratio of 0.23, a current ratio of 1.57, and a quick ratio of 1.48. According to the stock market information, the enterprise value for the company is $23.00B, which is based on a 21.30 price-to-earnings ratio, a 1.10 price-to-earnings-growth ratio, and a beta of 1.11. The fifty day moving average price for LI is $33.26 and a two-hundred day moving average price translates $36.08 for the stock.
The latest earnings results from Li Auto Inc ADR (NASDAQ: LI) was released for Dec, 2023. The net profit margin was 9.40% and return on equity was 21.90% for LI. For the current quarter, analysts expect LI to generate $4.86B in revenue.
Li Auto Inc ADR(LI) Company Profile
Li Auto Inc., through its subsidiaries, operates in the energy vehicle market in the People’s Republic of China. It designs, develops, manufactures, and sells premium smart electric vehicles. The company’s product line comprises MPVs and sport utility vehicles. It also offers sales and after sales management, and technology development and corporate management services, as well as purchases manufacturing equipment. The company offers its products through online and offline channels. The company was formerly known as Leading Ideal Inc. and changed its name to Li Auto Inc. in July 2020. Li Auto Inc. was founded in 2015 and is headquartered in Beijing, the People’s Republic of China.
