Li Auto Inc. (LI)
After hours:
| Previous close | 19.20 |
| Open | 19.22 |
| Bid | 19.13 x 2900 |
| Ask | 19.16 x 2900 |
| Day's range | 18.87 - 19.27 |
| 52-week range | 17.75 - 47.33 |
| Volume | |
| Avg. volume | 7,768,746 |
| Market cap | 20.308B |
| Beta (5Y monthly) | 0.95 |
| PE ratio (TTM) | 12.93 |
| EPS (TTM) | 1.48 |
| Earnings date | 06 Aug 2024 - 12 Aug 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 34.91 |
ZacksLi Auto Inc. Sponsored ADR (LI) Rises As Market Takes a Dip: Key Facts
In the latest trading session, Li Auto Inc. Sponsored ADR (LI) closed at $19.20, marking a +1.91% move from the previous day.
BenzingaNio, XPeng, Li Auto Benefit From China's Increased Vehicle Subsidies
China is expanding its stimulus program by approximately 300 billion yuan ($41.5 billion) to subsidize purchases of passenger vehicles and consumer electronics, aiming to boost stagnant retail spending. The update boosted Chinese electric vehicle stocks, including NIO Inc. (NYSE:NIO), XPeng Inc. (NYSE:XPEV), and Li Auto Inc. (NASDAQ:LI). The National Development and Reform Commission and the Ministry of Finance made a joint announcement on Thursday. The funding will come from the 1 trillion yuan
ZacksIs It Worth Investing in Li Auto (LI) Based on Wall Street's Bullish Views?
The average brokerage recommendation (ABR) for Li Auto (LI) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
