Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Li Auto Inc ADR (NASDAQ: LI) closed the day trading at $24.91 down -5.57% from the previous closing price of $26.38. In other words, the price has decreased by $-5.57 from its previous closing price. On the day, 13.84 million shares were traded. LI stock price reached its highest trading level at $25.155 during the session, while it also had its lowest trading level at $24.12.
Ratios:
For a better understanding of LI, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.48 and its Current Ratio is at 1.57. In the meantime, Its Debt-to-Equity ratio is 0.23 whereas as Long-Term Debt/Eq ratio is at 0.09.
On February 06, 2024, Deutsche Bank Upgraded its rating to Buy which previously was Hold and also lowered its target price recommendation from $45 to $41.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LI now has a Market Capitalization of 25690429440 and an Enterprise Value of -36901031936. As of this moment, Li’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.15, and their Forward P/E ratio for the next fiscal year is 8.79. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.84. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.17 while its Price-to-Book (P/B) ratio in mrq is 2.39. Its current Enterprise Value per Revenue stands at -0.298 whereas that against EBITDA is -4.006.
Stock Price History:
The Beta on a monthly basis for LI is 1.09, which has changed by 0.16313934 over the last 52 weeks, in comparison to a change of 0.2006725 over the same period for the S&P500. Over the past 52 weeks, LI has reached a high of $47.33, while it has fallen to a 52-week low of $21.48. The 50-Day Moving Average of the stock is -25.75%, while the 200-Day Moving Average is calculated to be -30.35%.
Shares Statistics:
Over the past 3-months, LI traded about 8.12M shares per day on average, while over the past 10 days, LI traded about 6683140 shares per day. A total of 814.93M shares are outstanding, with a floating share count of 806.48M. Insiders hold about 1.04% of the company’s shares, while institutions hold 11.30% stake in the company. Shares short for LI as of 1711584000 were 29152737 with a Short Ratio of 3.13, compared to 1709164800 on 27905086.
Earnings Estimates
Investors are keenly observing as YY GROUP HOLDING LIMITED analysts analyze and rate the current performance of Li Auto Inc ADR (LI) in the stock market.The consensus estimate for the next quarter is $12.29, with high estimates of $0.03 and low estimates of $178.05.
