(VIANEWS) – Shares of Li Auto (NASDAQ: LI) rose by a staggering 21.31% in 10 sessions from $23.93 at 2023-05-05, to $29.03 at 11:53 EST on Friday, after three sequential sessions in a row of losses. NASDAQ is jumping 0.02% to $12,691.40, after two successive sessions in a row of gains.
Li Auto’s last close was $28.68, 30.87% below its 52-week high of $41.49.
About Li Auto
Li Auto Inc., through its subsidiaries, designs, develops, manufactures, and sells new energy vehicles in the People's Republic of China. The company provides Li ONE and Li L series smart electric vehicles. It also offers sales and after sales management, and technology development and corporate management services, as well as purchases manufacturing equipment. The company offers its products through online and offline channels. The company was formerly known as Leading Ideal Inc. and changed its name to Li Auto Inc. in July 2020. Li Auto Inc. was founded in 2015 and is headquartered in Beijing, the People's Republic of China.
Earnings Per Share
As for profitability, Li Auto has a trailing twelve months EPS of $-0.16.
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