Li Auto Inc ADR (NASDAQ:LI) finished Thursday with a subtraction of -$0.43 to close at $34.53, a downside of -1.23 percent. An average of 7,739,080 shares of common stock have been traded in the last five days. There was a fall of -$3.75 in the past week, and it reached a new high 26 times over the past 12 months. The last 20 days have seen an average of 5,216,375 shares traded, while the 50-day average volume stands at 6,742,554.
LI stock has decreased by -19.53% in the last month. The company shares reached their 1-month lowest point of $33.68 on 09/28/23. With the stock rallying to its 52-week high on 08/07/23, shares of the company touched a low of $12.52 and a high of $47.33 in 52 weeks. It has reached a new high 30 times so far this year and achieved 69.26% or $14.13 in price. In spite of this, the price is down -27.04% from the 52-week high.
Valuation Metrics
Li Auto Inc ADR (LI) has a trailing price-to-earnings (P/E) ratio of 152.18. The stock’s beta is 0.94. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 2.64, the price-to-book (PB) ratio at 5.01.
Financial Health
The quick ratio of Li Auto Inc ADR for the recent quarter was 1.65, and the current ratio was 1.77, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.07 and a total debt to equity ratio of 0.22 for the recent quarter. Li Auto Inc ADR’s EBITDA margin is -5.39%, while its operating margin for the same period stands at -0.63%. Its gross profit as reported stood at $1.27 billion compared to revenue of $6.57 billion.
Earnings Surprise
For the recent quarter, Li Auto Inc ADR had $1.34 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$291.74 million in the quarter, while revenues were grew 82.71%.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Li Auto Inc ADR (LI) price momentum. RSI 9-day as of the close on 28 September was 26.15%, suggesting the stock is oversold, with historical volatility in this time frame at 53.33%.
As of today, LI’s price is $35.79 -9.80% or -$3.75 from its 5-day moving average. LI is currently trading -17.73% lower than its 20-day SMA and +44.30% higher than its 100-day SMA. However, the stock’s current price level is -7.72% below the SMA50 and +63.49% above the SMA200.
The stochastic %K and %D were 6.46% and 8.50%, respectively, and the average true range (ATR) was 1.50. With the 14-day stochastic at 10.95% and the average true range at 1.54, the RSI (14) stands at 32.61%. The stock has reached -2.33 on the 9-day MACD Oscillator while the 14-day reading was at -3.52.
Analyst Ratings
Jefferies launched coverage on Li Auto Inc ADR (NASDAQ: LI) in its analyst report released on November 28, 2022. The firm assigned the stock a Buy rating. The consensus rating for Li Auto Inc ADR (LI) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell LI, while 3 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 6 analysts, while 31 others rate it as a “buy”.
