(VIANEWS) – Shares of Li Auto (NASDAQ: LI) slid 8.21% to $22.85 at 14:18 EST on Thursday, after three sequential sessions in a row of losses. NASDAQ is dropping 3.3% to $10,686.99, after two consecutive sessions in a row of gains. This seems, so far, a very negative trend trading session today.
Li Auto’s last close was $24.90, 39.99% below its 52-week high of $41.49.
About Li Auto
Through its subsidiaries, Li Auto Inc. designs, develops and manufactures new energy vehicles for the People’s Republic of China. Li ONE is a smart, six-seat electric utility vehicle with ADAS navigation and emergency break functionality. The company also provides after-sales management and technology development services. It can also purchase manufacturing equipment. The former name of the company was Leading Ideal Inc., but it changed its name in July 2020 to Li Auto Inc. Li Auto Inc. was established in 2015. It is located 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 0.08%.
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