Li Auto Inc. (NASDAQ: LI) kicked off on May 19, 2023, at the price of $29.14, up 1.46% from the previous trading day. During the day, the shares moved up to $29.51 and dropped to $28.80 before settling in for the closing price of $28.68. Over the past 52 weeks, LI has traded in a range of $12.52-$41.49.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
While this was happening, its average annual earnings per share was recorded -497.60%. With a float of $861.39 million, this company’s outstanding shares have now reached $979.17 million.
In an organization with 19396 employees, it is important to assess its efficiency. In terms of profitability, gross margin is +19.11, operating margin of -8.07, and the pretax margin is -4.77.
Li Auto Inc. (LI) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Auto Manufacturers Industry. The insider ownership of Li Auto Inc. is 0.04%, while institutional ownership is 29.50%.
Li Auto Inc. (LI) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 3/30/2023, the organization reported $0.13 earnings per share (EPS), higher than consensus estimate (set at $0.01) by $0.12. This company achieved a net margin of -4.44 while generating a return on equity of -4.65. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.11 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -497.60% per share during the next fiscal year.
Li Auto Inc. (NASDAQ: LI) Trading Performance Indicators
Take a look at Li Auto Inc.’s (LI) current performance indicators. Last quarter, stock had a quick ratio of 2.00. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.92.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.17, a number that is poised to hit 0.12 in the next quarter and is forecasted to reach 0.79 in one year’s time.
Technical Analysis of Li Auto Inc. (LI)
Let’s dig in a bit further. During the last 5-days, its volume was 6.7 million. That was inferior than the volume of 7.3 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 79.89%. Additionally, its Average True Range was 1.15.
During the past 100 days, Li Auto Inc.’s (LI) raw stochastic average was set at 91.73%, which indicates a significant increase from 87.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 61.98% in the past 14 days, which was higher than the 55.00% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $24.45, while its 200-day Moving Average is $23.36. However, in the short run, Li Auto Inc.’s stock first resistance to watch stands at $29.47. Second resistance stands at $29.85. The third major resistance level sits at $30.18. If the price goes on to break the first support level at $28.76, it is likely to go to the next support level at $28.43. Assuming the price breaks the second support level, the third support level stands at $28.05.
Li Auto Inc. (NASDAQ: LI) Key Stats
The company with the Market Capitalisation of 30.40 billion has total of 1,042,289K Shares Outstanding. Its annual sales at the moment are 6,566 M in contrast with the sum of -291,740 K annual income. Company’s last quarter sales were recorded 2,736 M and last quarter income was 135,370 K.
