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Li Auto Stock Bullish Momentum With A 9.5% Jump On Tuesday

(VIANEWS) – The NASDAQ ended the session with Li Auto rising 9.5% to $30.66 on Tuesday, after two sequential sessions in a row of losses. NASDAQ rose 0.07% to $15,609.00, following the last session’s downward trend on what was a somewhat up trend trading session today.

Li Auto’s last close was $28.00, 40.84% under its 52-week high of $47.33.

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 $0.23.

PE Ratio

Li Auto has a trailing twelve months price to earnings ratio of 133.3. Meaning, the purchaser of the share is investing $133.3 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 12.89%.

More news about Li Auto (LI).

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