Market Update: Li Auto Inc ADR (LI) Sees Positive Movement, Closing at 27.30

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.

In the latest session, Li Auto Inc ADR (NASDAQ: LI) closed at $27.30 up 1.00% from its previous closing price of $27.03. In other words, the price has increased by $1.00 from its previous closing price. On the day, 6.17 million shares were traded. LI stock price reached its highest trading level at $27.73 during the session, while it also had its lowest trading level at $26.935.

Ratios:

For a deeper understanding of Li Auto Inc ADR’s stock, let’s take a closer look at its various 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.

Deutsche Bank Upgraded its Hold to Buy on February 06, 2024, whereas the target price for the stock was revised 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 28053479424 and an Enterprise Value of -35610349568. As of this moment, Li’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.70, and their Forward P/E ratio for the next fiscal year is 9.55. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.28. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.28 while its Price-to-Book (P/B) ratio in mrq is 2.62. Its current Enterprise Value per Revenue stands at -0.288 whereas that against EBITDA is -3.866.

Stock Price History:

Over the past 52 weeks, LI has reached a high of $47.33, while it has fallen to a 52-week low of $23.04. The 50-Day Moving Average of the stock is -13.84%, while the 200-Day Moving Average is calculated to be -22.15%.

Shares Statistics:

For the past three months, LI has traded an average of 8.74M shares per day and 10417630 over the past ten days. 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 11.39% stake in the company. Shares short for LI as of 1713139200 were 26338781 with a Short Ratio of 3.02, compared to 1710460800 on 29152737.

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