Li Auto Inc. (NASDAQ:LI) in recent session today was buoying at a fall of -0.13% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $17.26 and 5Y monthly beta was reading 0 with its price kept floating in the range of $17.10 and $17.68 on the day. Company’s P/E ratio for the trailing 12 months is 0. Considering stock’s 52-week price range provides that LI hit a high price of $24.48 and saw its price falling to a low level of $14.31 during that period. Over a period of past 1-month, stock came adding 8.15% in its value.
According to ratings assigned by 8 analysts at the scale of 1 to 5 with 1.00 representing a strong buy and 5.00 suggesting a strong sell; 1 of them are recommending Li Auto Inc. (LI) as a Hold, while 6 are in view that stock is a Buy. Recommendation by 1 analysts for the stock is an Outperform while number of those analysts who rated the stock as Underperform is none, whereas none of them are considering the stock as a Sell. When taken as whole, stock gets a rating of Buy and that encourages the investors to exploit the opportunity and build their stake up in the company.
Digging deeper we become aware of the PEG ratio of the LI stock which is currently positioned at 0. It further provides that stock’s current price level is -0.34% away from its 20-day simple moving average and is 2.63% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 0 while volatility remained at 6.07% over the past week which changes to 9.72% when measuring it over the past month. Beta is valued at 0, while measure of average true range or ATR is currently at 1.57. In predicting price targets of as low as $10 and as high as $22, analysts are in agreement on assigning the stock over the next 12 months average price target of $19.14. Stock’s current price level is -42% above from estimated low price target while it is 27.61% below the estimated high; and even if the LI’s share succeeded to reach the median price of $20.3, then the outlook of +17.75% could come to the excitement of the investors.
In comparing Li Auto Inc. (LI)’s stock with other industry players reveals that stock’s latest price change of -0.13% and that of 0% over the past 12 months is in competing position with that of Toyota Motor Corp Ltd Ord (TM) which saw its stock price raised by 0.17% in the recent trading and went through a decline of -1.5% in past 12-month trading. Industry’s another major player Honda Motor Company (HMC) has fell 0% down in latest trading session, but over the past year has faced a fall of -6.07%, while Fiat Chrysler Automobiles N.V. (FCAU) is also down -0.13% however its price remained floating in the red at 0% over the same period. Li Auto Inc. has a P/E ratio of 0 against that of Toyota Motor Corp Ltd Ord’s 13.12 while Honda Motor Company is showing 23.17 for the same. On the other hand, the S&P 500 Index was down -0.55% in the early deals while the Dow Jones Industrial was dealing lower at -0.21%.
Having a second look at Li Auto Inc. (NASDAQ:LI) provides that stock’s average daily trading volume for 3 months was 12.35 Million, while it jumped to 6.83 Million when we calculate an average volume for past 10 days. Number of outstanding shares of the stock currently stood at 845.52 Million.