(VIANEWS) – Shares of Li Auto (NASDAQ: LI) dropped by a staggering 15.21% in 5 sessions from $25.32 at -15.21, to $21.47 at 11:40 EST on Thursday, after four sequential sessions in a row of losses. NASDAQ is rising 0.27% to $11,607.73, following the last session’s upward trend.
Li Auto’s last close was $22.29, 46.28% 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, a six-seat smart electric sport utility vehicle that is equipped with smart vehicle solutions, navigation on ADAS, and automatic emergency breaking functionalities. It also offers sales and after sales management, and technology development and corporate management services, as well as purchases manufacturing equipment. 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, China.
Earnings Per Share
As for profitability, Li Auto has a trailing twelve months EPS of $-0.09.
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 -4.72%.
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