Li Auto (NASDAQ:LI - Get Free Report) is anticipated to announce its earnings results before the market opens on Monday, February 24th. Analysts expect the company to announce earnings of $2.84 per share and revenue of $5.90 billion for the quarter.
Li Auto Trading Up 3.2 %
Shares of NASDAQ LI traded up $0.83 during trading on Wednesday, reaching $26.46. The company had a trading volume of 6,919,889 shares, compared to its average volume of 4,560,343. The company's fifty day moving average price is $23.83 and its 200-day moving average price is $23.32. Li Auto has a 12 month low of $17.44 and a 12 month high of $46.44. The stock has a market cap of $28.07 billion, a P/E ratio of 19.60, a PEG ratio of 3.20 and a beta of 0.92. The company has a quick ratio of 1.64, a current ratio of 1.76 and a debt-to-equity ratio of 0.13.
Analyst Ratings Changes
A number of equities research analysts have commented on LI shares. Macquarie upgraded Li Auto from a "neutral" rating to an "outperform" rating in a research report on Thursday, February 6th. Barclays upped their price target on Li Auto from $22.00 to $31.00 and gave the company an "equal weight" rating in a research report on Monday, November 4th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, Li Auto currently has a consensus rating of "Moderate Buy" and an average price target of $32.77.
View Our Latest Report on LI
About Li Auto
(
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Li 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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