Li Auto Inc. (NASDAQ:LI - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the six research firms that are currently covering the company, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $32.77.
Several research analysts have recently issued reports on the stock. Barclays upped their price target on shares of Li Auto from $22.00 to $31.00 and gave the stock an "equal weight" rating in a report on Monday, November 4th. Macquarie upgraded shares of Li Auto from a "neutral" rating to an "outperform" rating in a report on Thursday, February 6th.
Read Our Latest Stock Report on LI
Li Auto Price Performance
LI traded up $1.09 during trading on Thursday, hitting $27.46. 12,839,706 shares of the stock traded hands, compared to its average volume of 4,695,115. Li Auto has a twelve month low of $17.44 and a twelve month high of $46.44. The company has a market cap of $29.14 billion, a price-to-earnings ratio of 20.34, a PEG ratio of 3.27 and a beta of 0.92. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.76 and a quick ratio of 1.64. The business has a 50 day moving average price of $24.00 and a 200 day moving average price of $23.43.
Institutional Trading of Li Auto
Several institutional investors have recently modified their holdings of LI. Public Employees Retirement System of Ohio boosted its position in Li Auto by 66.3% during the fourth quarter. Public Employees Retirement System of Ohio now owns 58,525 shares of the company's stock valued at $1,404,000 after acquiring an additional 23,339 shares during the last quarter. Vident Advisory LLC boosted its position in shares of Li Auto by 11.2% during the 4th quarter. Vident Advisory LLC now owns 19,914 shares of the company's stock worth $478,000 after purchasing an additional 1,998 shares in the last quarter. Tairen Capital Ltd bought a new position in shares of Li Auto during the 4th quarter worth about $8,435,000. Point72 Hong Kong Ltd boosted its position in shares of Li Auto by 1,976.3% during the 4th quarter. Point72 Hong Kong Ltd now owns 212,673 shares of the company's stock worth $5,102,000 after purchasing an additional 202,430 shares in the last quarter. Finally, Quantinno Capital Management LP boosted its position in shares of Li Auto by 17.6% during the 4th quarter. Quantinno Capital Management LP now owns 15,727 shares of the company's stock worth $377,000 after purchasing an additional 2,356 shares in the last quarter. Institutional investors own 9.88% of the company's stock.
About Li Auto
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Get Free ReportLi Auto Inc 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 offers sales and after sales management, and technology development and corporate management services, as well as purchases manufacturing equipment.
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