Li Auto Inc ADR [LI] Is Currently -1.91 below its 200 Period Moving Avg: What Does This Mean?

MAR Stock

Li Auto Inc ADR [NASDAQ: LI] traded at a low on Monday, posting a -1.91 loss after which it closed the day’ session at $18.44.

The results of the trading session contributed to over 6545125 shares changing hands. Over the past one week, the price volatility of Li Auto Inc ADR stands at 3.26% while the volatility over the past one month is 3.49%.

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The market cap for LI stock reached $15.03 billion, with 814.93 million shares outstanding and 805.20 million shares in the current float. Compared to the average trading volume of 8.37M shares, LI reached a trading volume of 6545125 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Li Auto Inc ADR [LI]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LI shares is $32.69 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 1.55. 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.

CLSA have made an estimate for Li Auto Inc ADR shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on May 22, 2024. The new note on the price target was released on April 25, 2024, representing the official price target for Li Auto Inc ADR stock. Previously, the target price had yet another raise to $40, while Macquarie analysts kept a Outperform rating on LI stock. On February 06, 2024, analysts decreased their price target for LI shares from 45 to 41.

The Average True Range (ATR) for Li Auto Inc ADR is set at 0.92, with the Price to Sales ratio for LI stock in the period of the last 12 months amounting to 0.83. The Price to Book ratio for the last quarter was 2.30, with the Price to Cash per share for the same quarter was set at 16.79.

How has LI stock performed recently?

Li Auto Inc ADR [LI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.24. With this latest performance, LI shares dropped by -26.80% in over the last four-week period, additionally sinking by -47.98% over the last 6 months – not to mention a drop of -46.49% 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 LI stock in for the last two-week period is set at 28.72, with the RSI for the last a single of trading hit 25.97, and the three-weeks RSI is set at 31.55 for Li Auto Inc ADR [LI]. The present Moving Average for the last 50 days of trading for this stock 24.44, while it was recorded at 18.95 for the last single week of trading, and 32.39 for the last 200 days.

Li Auto Inc ADR [LI]: Deeper insight into the fundamentals

Li Auto Inc ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.37 and a Current Ratio set at 1.53.

Earnings analysis for Li Auto Inc ADR [LI]

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 LI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Li Auto Inc ADR go to 8.00%.

Insider trade positions for Li Auto Inc ADR [LI]

The top three institutional holders of LI stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in LI stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in LI stock with ownership which is approximately 5.8386%.

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