Li Auto Already 5% Down, Almost Hour Before The Market Open

(VIANEWS) – The NASDAQ opens in less than hour and Li Auto‘s pre-market value is already 5.77% down.

Li Auto’s last close was $37.77, 20.2% under its 52-week high of $47.33.

The last session, NASDAQ ended with Li Auto (LI) jumping 2.66% to $37.77. NASDAQ dropped 0.96% to $15,973.17, after three consecutive sessions in a row of losses, on what was a somewhat down trend exchanging session.

About Li Auto

Li Auto Inc., through its subsidiaries, operates in the energy vehicle market in the People's Republic of China. It designs, develops, manufactures, and sells premium smart electric vehicles. The company's product line comprises MPVs and sport utility 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 $1.54.

PE Ratio

Li Auto has a trailing twelve months price to earnings ratio of 24.53. Meaning, the purchaser of the share is investing $24.53 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 22.33%.

Sales Growth

Li Auto’s sales growth is 74.4% for the current quarter and 65% for the next.

Yearly Top and Bottom Value

Li Auto’s stock is valued at $37.77 at 09:33 EST, way below its 52-week high of $47.33 and way above its 52-week low of $20.80.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 283.3% and 60%, respectively.

Moving Average

Li Auto’s worth is way above its 50-day moving average of $33.12 and higher than its 200-day moving average of $35.83.

More news about Li Auto (LI).

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