XPeng Inc. (NYSE:XPEV) shares, dropped in value on Wednesday, Jan 13, with the stock price down by -4.86% to the previous day’s close as weak demand from buyers trailed the stock to $51.66.
Actively observing the price movement in the last trading, the stock closed the session at $54.3, falling within a range of $50.34 and $54.76. 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 $74.49, and the low was $17.11. On the whole, XPEV has fluctuated by 16.59% 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 2 analyst(s), 7 recommend it as a Buy and no body called the XPEV stock Outperform. In the meantime, none analyst(s) believe the stock as Underperform and 2 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 XPeng Inc. (XPEV) with its peers suggests the former has fared considerably weaker in the market. XPEV showed an intraday change of -4.86% 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 -486.% 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 XPeng 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 XPeng Inc. (NYSE:XPEV) indicates that the trading volumes over the past 10 days have averaged 29.6 Million and over the past 3 months, they’ve averaged 33.34 Million. According to company’s latest data on outstanding shares, there are 713.18 Million shares outstanding.
Nearly 1.37% of XPeng Inc.’s shares belong to company insiders and institutional investors own 20.72% of the company’s shares, according to Thomson Reuters’ data. The data on short interest also indicates that stock shorts accounted for 19.2 Million shares as on December 30, 2020, resulting in a short ratio of 0.65. According to the data, the short interest in XPeng Inc. (XPEV) stood at 2.69% of shares outstanding as of December 30, 2020; the number of short shares registered in November reached 19.34 Million. The stock has risen by +20.62% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the XPEV stock heading into the next quarter.
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