Li Auto Inc. [LI] moved down -5.82: Why It’s Important

Li Auto Inc. [NASDAQ: LI] closed the trading session at $32.67 on 07/02/21. The day’s price range saw the stock hit a low of $31.00, while the highest price level was $35.82. The company report on July 2, 2021 that Li Auto Inc. June 2021 Delivery Update.

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Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI), an innovator in China’s new energy vehicle market, announced that the Company delivered 7,713 Li ONEs in June 2021, representing a 320.6% year-over-year increase, a 78.4% quarter-over-quarter increase, and a new monthly high. As the 2021 Li ONE continues to gain traction rapidly and drive a surge in orders, the Company’s new orders in June, which surpassed 10,000, also hit a record high. Total deliveries for the second quarter increased 166.1% year-over-year and 39.7% quarter-over-quarter to reach an all-time high of 17,575, exceeding the top end of the Company’s guidance range.

“On the day that marks Li Auto’s sixth anniversary, I’m pleased to share with you that thanks to strong user endorsement for the 2021 Li ONE, we set records in deliveries and new orders in June, the first full month of sales for the 2021 Li ONE after its launch,” said Yanan Shen, co-founder and president of Li Auto.

The stocks have a year to date performance of 13.32 percent and weekly performance of 3.12 percent. The stock has been moved at 13.32 percent over the last six months. The stock has performed 30.89 percent around the most recent 30 days and changed 30.99 percent over the most recent 3-months.

If compared to the average trading volume of 14.42M shares, LI reached to a volume of 24841472 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Li Auto Inc. [LI]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LI shares is $38.16 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LI stock is a recommendation set at 1.80. 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.

Goldman have made an estimate for Li Auto Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 07, 2021. While these analysts kept the previous recommendation, Needham raised their target price to Buy. The new note on the price target was released on March 11, 2021, representing the official price target for Li Auto Inc. stock. Previously, the target price had yet another raise from $33 to $34, while Daiwa Securities kept a Buy rating on LI stock.

The Average True Range (ATR) for Li Auto Inc. is set at 1.96, with the Price to Sales ratio for LI stock in the period of the last 12 months amounting to 16.66. The Price to Book ratio for the last quarter was 6.43, with the Price to Cash per share for the same quarter was set at 4.55.

LI stock trade performance evaluation

Li Auto Inc. [LI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.12. With this latest performance, LI shares gained by 30.89% in over the last four-week period, additionally plugging by 13.32% over the last 6 months.

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 LI stock in for the last two-week period is set at 64.70, with the RSI for the last a single of trading hit 60.96, and the three-weeks RSI is set at 64.95 for Li Auto Inc. [LI]. The present Moving Average for the last 50 days of trading for this stock 24.34, while it was recorded at 34.05 for the last single week of trading, and 26.13 for the last 200 days.

Li Auto Inc. [LI]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Li Auto Inc. [LI] shares currently have an operating margin of -6.76 and a Gross Margin at +15.51. Li Auto Inc.’s Net Margin is presently recorded at -1.76.

Return on Total Capital for LI is now -3.19, given the latest momentum, and Return on Invested Capital for the company is -0.87. Return on Equity for this stock declined to -0.92, with Return on Assets sitting at -0.69. When it comes to the capital structure of this company, Li Auto Inc. [LI] has a Total Debt to Total Equity ratio set at 7.66. Additionally, LI Total Debt to Total Capital is recorded at 7.12, with Total Debt to Total Assets ending up at 6.28. Long-Term Debt to Equity for the company is recorded at 6.39, with the Long-Term Debt to Total Capital now at 5.93.

Reflecting on the efficiency of the workforce at the company, Li Auto Inc. [LI] managed to generate an average of -$5,753 per employee. Receivables Turnover for the company is 22.41 with a Total Asset Turnover recorded at a value of 0.40.Li Auto Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 5.60 and a Current Ratio set at 5.80.

Li Auto Inc. [LI]: Insider Ownership positions

There are presently around $3,506 million, or 15.60% of LI stock, in the hands of institutional investors. The top three institutional holders of LI stocks are: VANGUARD GROUP INC with ownership of 14,803,558, which is approximately 374.626% of the company’s market cap and around 0.10% of the total institutional ownership; COATUE MANAGEMENT LLC, holding 12,787,010 shares of the stock with an approximate value of $417.75 million in LI stocks shares; and BLACKROCK INC., currently with $336.29 million in LI stock with ownership of nearly 215.641% of the company’s market capitalization.

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Positions in Li Auto Inc. stocks held by institutional investors increased at the end of September and at the time of the September reporting period, where 135 institutional holders increased their position in Li Auto Inc. [NASDAQ:LI] by around 65,752,303 shares. Additionally, 81 investors decreased positions by around 20,364,572 shares, while 19 investors held positions by with 21,192,411 shares. The mentioned changes placed institutional holdings at 107,309,286 shares, according to the latest SEC report filing. LI stock had 78 new institutional investments in for a total of 14,912,724 shares, while 48 institutional investors sold positions of 7,459,806 shares during the same period.

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