XPeng Inc ADR (NYSE:XPEV) price on current trading day, fall -4.42% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $21.27.
A look at the stock’s price movement, the level at last check in today’s session was $22.26. Turning to its 52-week performance, $22.80 and $6.55 were the 52-week high and 52-week low respectively. Overall, XPEV moved 43.65% over the past month.
XPeng Inc ADR’s market cap currently stands at around $16.46 billion, with investors looking forward to this quarter’s earnings report slated for in March.
Analysts have a consensus estimate of 16.02B for the company’s revenue for the quarter, with a low and high estimate of 15.73B and 16.25B respectively. The average forecast suggests up to a 22.79% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 41.49B, representing a 35.26% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that XPEV is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
14 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 3 analyst(s) rate the stock as a Hold, 10 recommend XPEV as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 1 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
XPEV’s current price about 20.31% and 42.06% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 71.91, while 7-day volatility ratio is 5.64% and 4.65% in the 30-day chart. Further, XPeng Inc ADR (XPEV) has a beta value of 2.58, and an average true range (ATR) of 1.14. Analysts have given the company’s stock an average 52-week price target of $15.3, forecast between a low of $10 and high of $17. Looking at the price targets, the low is 52.99% off recent price level in today’s trading while to achieve the yearly target high, it has to move 20.08%. Nonetheless, investors will most likely welcome a 28.07% jump to $15.3 which is the analysts’ median price.
If we refocus on XPeng Inc ADR (NYSE:XPEV), historical trading data shows that trading volumes averaged 10.62 million over the past 3 months. The company’s latest data on shares outstanding shows there are 769.67 million shares.
The 2.86% of XPeng Inc ADR’s shares are in the hands of company insiders while institutional holders own 16.29% of the company’s shares. Current price change has pushed the stock 79.99% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the XPEV stock continues to rise going into the next quarter.
