2 weeks Ago By ABMN Staff
Li Auto ( NASDAQ:LI – Get Free Report ) released its quarterly earnings results on Wednesday. The company reported $0.14 earnings per share for the quarter, reports.
The business had revenue of $4.36 billion for the quarter. Li Auto had a return on equity of 16.
65% and a net margin of 8.73%. Li Auto updated its Q3 2024 guidance to EPS.
Li Auto Stock Up 10.6 % Shares of NASDAQ LI opened at $19.69 on Friday.
The firm’s 50 day moving average price is $19.77 and its 200 day moving average price is $25.47.
The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.37 and a current ratio of 1.
53. The firm has a market cap of $20.89 billion, a P/E ratio of 13.
13, a price-to-earnings-growth ratio of 2.34 and a beta of 0.97.
Li Auto has a 1 year low of $17.44 and a 1 year high of $46.44.
Institutional Trading of Li Auto A number of hedge funds have recently added to or reduced their stakes in the business. Crossmark Global Holdings Inc. boosted its holdings in Li Auto by 4.
7% in the fourth quarter. Crossmark Global Holdings Inc. now owns 37,479 shares of the company’s stock valued at $1,403,000 after acquiring an additional 1,679 shares during the last quarter.
Franchise Capital Ltd lifted its stake in shares of Li Auto by 163.2% in the 4th quarter. Franchise Capital Ltd now owns 975,250 shares of the company’s stock valued at $36,504,000 after purchasing an additional 604,773 shares in the last quarter.
DekaBank Deutsche Girozentrale grew its holdings in shares of Li Auto by 510.0% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 76,450 shares of the company’s stock worth $2,370,000 after purchasing an additional 63,917 shares during the period.
OLD Mission Capital LLC acquired a new stake in Li Auto during the 4th quarter worth approximately $17,696,000. Finally, Swedbank AB purchased a new position in Li Auto in the first quarter valued at approximately $2,003,000. 9.
88% of the stock is owned by institutional investors and hedge funds. Wall Street Analysts Forecast Growth Check Out Our Latest Report on LI About Li Auto ( Get Free Report ) 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. Further Reading Receive News & Ratings for Li Auto Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Li Auto and related companies with MarketBeat.
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