why Li Auto Inc ADR [LI] is a Good Choice for Investors After New Price Target of $30.63

Li Auto Inc ADR [NASDAQ: LI] slipped around -0.88 points on Monday, while shares priced at $22.80 at the close of the session, down -3.72%.

Compared to the average trading volume of 7.89M shares, LI reached a trading volume of 7421837 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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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 $30.63 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.

Macquarie have made an estimate for Li Auto Inc ADR shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on October 04, 2024. The new note on the price target was released on September 04, 2024, representing the official price target for Li Auto Inc ADR stock. Previously, the target price had yet another raise to $25, while CLSA analysts kept a Outperform rating on LI stock.

The Average True Range (ATR) for Li Auto Inc ADR is set at 1.09, with the Price to Sales ratio for LI stock in the period of the last 12 months amounting to 0.94. The Price to Book ratio for the last quarter was 2.55, with the Price to Cash per share for the same quarter was set at 18.63.

How has LI stock performed recently?

Li Auto Inc ADR [LI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.33. With this latest performance, LI shares dropped by -8.84% in over the last four-week period, additionally plugging by 11.55% over the last 6 months – not to mention a drop of -38.29% 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 44.76, with the RSI for the last a single of trading hit 44.99, and the three-weeks RSI is set at 45.97 for Li Auto Inc ADR [LI]. The present Moving Average for the last 50 days of trading for this stock 25.36, while it was recorded at 22.81 for the last single week of trading, and 24.94 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 1.64 and a Current Ratio set at 1.76.

Earnings analysis for Li Auto Inc ADR [LI]

With the latest financial reports released by the company, Li Auto Inc ADR posted 4.23/share EPS, while the average EPS was predicted by analysts to be reported at 2.32/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 1.91. 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 10.04%.

Insider trade positions for Li Auto Inc ADR [LI]

The top three institutional holders of LI stocks are: XIAMEN XINWEIDACHUANG INVESTMENT PARTNERSHIP (LIMITED PARTNERSHIP) with ownership of 9.15 million shares, which is approximately 0.9215%. RENAISSANCE TECHNOLOGIES LLC, holding 7.25 million shares of the stock with an approximate value of $$129.69 million in LI stocks shares; and RENAISSANCE TECHNOLOGIES LLC, currently with $$122.75 million in LI stock with ownership which is approximately 0.6912%.

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