The stock of Li Auto Inc ADR (NASDAQ:LI) last traded at $27.23, up 3.58% from the previous session.
LI stock price is now 6.16% away from the 50-day moving average and 14.15% away from the 200-day moving average. The market capitalization of the company currently stands at $22.75B.
On February 28, 2025, JP Morgan Upgraded its previous ‘Neutral’ rating to ‘Overweight’ on the stock increasing its target price from $22 to quote $40, while ‘Macquarie’ rates the stock as ‘Outperform’
In other news, Li Tie, Officer bought 400,000 shares of the company’s stock on Dec 18 ’24. The stock was bought for $17,856,000 at an average price of $44.64. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 12 ’24, Officer Ma Donghui bought 101,186 shares of the business’s stock. A total of $1,230,928 was incurred on buying the stock at an average price of $12.16. A total of 1.65% of the company’s stock is owned by insiders.
During the past 12 months, Li Auto Inc ADR has had a low of $17.44 and a high of $33.12. As of last week, the company has a debt-to-equity ratio of 0.42, a current ratio of 1.82, and a quick ratio of 1.71.
The net profit margin was 5.56% and return on equity was 12.29% for LI. The company reported revenue of $6.11 billion for the quarter, compared to $3.95 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 54.62 percent.
