Lizhi Inc. [NASDAQ: LIZI] traded at a high on 06/07/21, posting a 7.37 gain after which it closed the day’ session at $7.14. The company report on June 3, 2021 that LIZHI to Provide In-Car Audio Entertainment for Li Auto Vehicles.
LIZHI INC. (“LIZHI” or the “Company”) (NASDAQ: LIZI), a leading online UGC audio community and interactive audio entertainment platform in China, has been collaborating with Li Auto Inc. (NASDAQ: LI) to integrate LIZHI Podcast (LIZHI BOKE in Chinese) in Li Auto vehicles. LIZHI Podcast will be available in Li Auto vehicles’ in-car system in the third quarter of this year.
Li Auto (NASDAQ: LI) is an innovator in China’s new energy automobile market. The company designs, develops, manufactures, and sells premium smart electric vehicles. Through innovations in product, technology, and business model, the company provides families with safe, convenient, and refined products and services.
The results of the trading session contributed to over 8723453 shares changing hands. Over the past one week, the price volatility of Lizhi Inc. stands at 16.37% while the volatility over the past one month is 15.93%.
The market cap for LIZI stock reached $339.36 million, with 46.54 million shares outstanding and 26.13 million shares in the current float. Compared to the average trading volume of 4.53M shares, LIZI reached a trading volume of 8723453 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Lizhi Inc. [LIZI]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LIZI shares is $9.03 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LIZI stock is a recommendation set at 1.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Citigroup have made an estimate for Lizhi Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on February 18, 2020. While these analysts kept the previous recommendation, Needham raised their target price to Buy. The new note on the price target was released on February 11, 2020, representing the official price target for Lizhi Inc. stock.
The Average True Range (ATR) for Lizhi Inc. is set at 0.88, with the Price to Sales ratio for LIZI stock in the period of the last 12 months amounting to 1.34. The Price to Book ratio for the last quarter was 19.83, with the Price to Cash per share for the same quarter was set at 1.04.
How has LIZI stock performed recently?
Lizhi Inc. [LIZI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 7.05. With this latest performance, LIZI shares gained by 33.71% in over the last four-week period, additionally plugging by 49.06% over the last 6 months – not to mention a rise of 54.88% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LIZI stock in for the last two-week period is set at 58.72, with the RSI for the last a single of trading hit 62.80, and the three-weeks RSI is set at 55.06 for Lizhi Inc. [LIZI]. The present Moving Average for the last 50 days of trading for this stock 6.42, while it was recorded at 6.91 for the last single week of trading, and 5.29 for the last 200 days.
Lizhi Inc. [LIZI]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Lizhi Inc. [LIZI] shares currently have an operating margin of -5.90 and a Gross Margin at +24.50. Lizhi Inc.’s Net Margin is presently recorded at -5.47.
Return on Total Capital for LIZI is now -102.04, given the latest momentum, and Return on Invested Capital for the company is -128.20. Return on Equity for this stock declined to -128.82, with Return on Assets sitting at -26.13. When it comes to the capital structure of this company, Lizhi Inc. [LIZI] has a Total Debt to Total Equity ratio set at 25.89. Additionally, LIZI Total Debt to Total Capital is recorded at 20.57, with Total Debt to Total Assets ending up at 9.44. Long-Term Debt to Equity for the company is recorded at 0.35, with the Long-Term Debt to Total Capital now at 0.28.
Reflecting on the efficiency of the workforce at the company, Lizhi Inc. [LIZI] managed to generate an average of -$18,096 per employee. Receivables Turnover for the company is 161.80 with a Total Asset Turnover recorded at a value of 4.78.Lizhi Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.20 and a Current Ratio set at 1.20.
Earnings analysis for Lizhi Inc. [LIZI]
With the latest financial reports released by the company, Lizhi Inc. posted -0.07/share EPS, while the average EPS was predicted by analysts to be reported at -0.11/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 36.40%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for LIZI.
Insider trade positions for Lizhi Inc. [LIZI]
There are presently around $8 million, or 3.00% of LIZI stock, in the hands of institutional investors. The top three institutional holders of LIZI stocks are: ATOM INVESTORS LP with ownership of 701,917, which is approximately 469.724% of the company’s market cap and around 11.76% of the total institutional ownership; MACQUARIE GROUP LTD, holding 100,000 shares of the stock with an approximate value of $0.71 million in LIZI stocks shares; and UBS GROUP AG, currently with $0.45 million in LIZI stock with ownership of nearly 2467.892% of the company’s market capitalization.
20 institutional holders increased their position in Lizhi Inc. [NASDAQ:LIZI] by around 928,884 shares. Additionally, 4 investors decreased positions by around 113,665 shares, while 0 investors held positions by with 82,625 shares. The mentioned changes placed institutional holdings at 1,125,174 shares, according to the latest SEC report filing. LIZI stock had 16 new institutional investments in for a total of 264,426 shares, while 1 institutional investors sold positions of 11,800 shares during the same period.