In Thursday’s Wall Street session, Li Auto Inc ADR (NASDAQ:LI) shares traded at $28.87, down -1.80% from the previous session.
LI stock price is now 10.36% away from the 50-day moving average and 15.79% away from the 200-day moving average. The market capitalization of the company currently stands at $24.12B.
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 0.65% 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 0.23, a current ratio of 1.87, and a quick ratio of 1.72.
The net profit margin was 5.60% and return on equity was 12.22% for LI.