Li Auto Inc. (NASDAQ:LI) shares, dropped in value on Wednesday, Jan 13, with the stock price down by -3.27% to the previous day’s close as weak demand from buyers trailed the stock to $35.55.
Actively observing the price movement in the last trading, the stock closed the session at $36.75, falling within a range of $34.54 and $36.67. The value of beta (5-year monthly) was 0 whereas the PE ratio was 0 over 12-month period. Referring to stock’s 52-week performance, its high was $47.7, and the low was $14.31. On the whole, LI has fluctuated by 13.36% over the past month.
11 analyst(s) have assigned their ratings of the stock’s forecast evaluation on a scale of 1.00-5.00 to indicate a strong buy to a strong sell recommendation. The stock is rated as a Hold by 1 analyst(s), 9 recommend it as a Buy and no body called the LI stock Outperform. In the meantime, none analyst(s) believe the stock as Underperform and 1 think it is a Sell. Thus, investors eager to increase their holdings of the company’s stock will have an opportunity to do so as the average rating for the stock is Overweight.
A comparison of Li Auto Inc. (LI) with its peers suggests the former has fared considerably weaker in the market. LI showed an intraday change of -3.27% in last session, and over the past year, it dropped by 0%. In comparison, Toyota Motor Corp Ltd Ord (TM) has moved lower at -0.72% on the day and was up +7.32% over the past 12 months. On the other hand, the price of Nio Inc (NIO) has risen 0.18% on the day. The stock, however, is off 1552.93% from where it was a year ago. Additionally, there is a decline of -327% for Honda Motor Company (HMC) in last trading while the stock has seen an overall depriciation of 0% over the past year. The PE ratio stands at 0 for Li Auto Inc., compared to 15.47 for Toyota Motor Corp Ltd Ord, and 0 for Nio Inc. Other than that, the overall performance of the S&P 500 during the last trading session shows that it gained 0.23%. Meanwhile, the Dow Jones Industrial weakened by -0.03%.
Data on historical trading for Li Auto Inc. (NASDAQ:LI) indicates that the trading volumes over the past 10 days have averaged 30.87 Million and over the past 3 months, they’ve averaged 27.53 Million. According to company’s latest data on outstanding shares, there are 897.59 Million shares outstanding.
Nearly 0.1% of Li Auto Inc.’s shares belong to company insiders and institutional investors own 9.54% of the company’s shares, according to Thomson Reuters’ data. The data on short interest also indicates that stock shorts accounted for 15.57 Million shares as on December 30, 2020, resulting in a short ratio of 0.66. According to the data, the short interest in Li Auto Inc. (LI) stood at 1.73% of shares outstanding as of December 30, 2020; the number of short shares registered in November reached 11.11 Million. The stock has risen by +23.31% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the LI stock heading into the next quarter.
Even if you’re not actively in crypto, you deserve to know what’s actually going on..
Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets are already producing.
Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.