Li Auto (NASDAQ:LI - Get Free Report) will likely be announcing 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 Price Performance
Shares of LI traded up $3.48 during trading hours on Tuesday, hitting $29.84. 24,282,744 shares of the company were exchanged, compared to its average volume of 5,346,954. 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 company has a market capitalization of $31.66 billion, a PE ratio of 22.10, a PEG ratio of 3.27 and a beta of 0.92. The firm has a fifty day simple moving average of $24.24 and a 200-day simple moving average of $23.58. Li Auto has a one year low of $17.44 and a one year high of $46.44.
Wall Street Analyst Weigh In
A number of research firms recently weighed in on LI. Barclays increased 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. Macquarie upgraded shares of Li Auto from a "neutral" rating to an "outperform" rating in a report on Thursday, February 6th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $32.77.
Get Our Latest Analysis on Li Auto
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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