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Li Auto Stock Bullish Momentum With A 14.21% Rise Today

(VIANEWS) – The NASDAQ ended the session with Li Auto jumping 14.21% to $28.29 on Wednesday, after four sequential sessions in a row of gains. NASDAQ rose 1.04% to $12,306.44, following the last session’s downward trend on what was an all-around up trend trading session today.

Li Auto’s last close was $24.77, 40.3% under 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 $-0.3.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -4.71%.

More news about Li Auto (LI).

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