In yesterday’s Wall Street session, XPeng Inc ADR (NYSE:XPEV) shares traded at $14.13, up 1.87% from the previous session.
XPEV stock price is now 11.20% away from the 50-day moving average and 45.54% away from the 200-day moving average. The market capitalization of the company currently stands at $10.93B.
On November 22, 2024, China Renaissance Upgraded its previous ‘Hold’ rating to ‘Buy’ on the stock keeping its target price maintained at $16.70, while ‘Goldman’ rates the stock as ‘Neutral’
In other news, GGV (XPENG) LTD, Director bought 303,680 shares of the company’s stock on Dec 18 ’24. The stock was bought for $3,859,257 at an average price of $12.71. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 17 ’24, Director GGV (XPENG) LTD bought 303,681 shares of the business’s stock. A total of $3,897,472 was incurred on buying the stock at an average price of $12.83. A total of 0.88% 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 $15.68. As of last week, the company has a debt-to-equity ratio of 0.48, a current ratio of 1.37, and a quick ratio of 1.18. The fifty day moving average price for XPEV is $12.7072 and a two-hundred day moving average price translates $9.70835 for the stock.
The latest earnings results from XPeng Inc ADR (NYSE: XPEV) was released for 2024-06-30. The net profit margin was -15.37% and return on equity was -18.96% for XPEV. The company reported revenue of $1.44 billion for the quarter, compared to $1.17 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 23.13 percent. For the current quarter, analysts expect XPEV to generate $16.13B in revenue.
