Less Than One Hour Before The NASDAQ Open, Li Auto Is Down By 4%

(VIANEWS) – The NASDAQ opens in less than one hour and Li Auto‘s pre-market value is already 4.89% down.

Li Auto’s last close was $37.43, 20.92% below its 52-week high of $47.33.

The last session, NASDAQ ended with Li Auto (LI) jumping 1.63% to $37.43. NASDAQ dropped 0.56% to $15,011.35, after two consecutive sessions in a row of losses, on what was a somewhat down trend trading session.

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 162.74. Meaning, the purchaser of the share is investing $162.74 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%.

Volume

Today’s last reported volume for Li Auto is 6596512 which is 20.44% above its average volume of 5477000.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 800% and 241.7%, respectively.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Li Auto’s EBITDA is 0.3.

Moving Average

Li Auto’s worth is above its 50-day moving average of $36.32 and way above its 200-day moving average of $33.64.

More news about Li Auto (LI).

Leave a Reply

Your email address will not be published. Required fields are marked *