- The Beta of LI share is 0.65 resulting in an average volume of 7.5M.
- The ROE for the company stands at -4.67% which is a neutral signal for the stock.
- The PE ratio for LI Auto Inc is 177.86. It represents that the investors are willing to pay more than the per-share earning of the stock.
Price Data of LI Auto Inc Share
The EPS for the LI stock is $0.23 which indicates that the company is performing well and it can grow in the future. The dividend yield by the company is none because the company hasn’t paid any dividends.
The 52-week range for the stock is $12.52-$47.33. The market cap of the company is $28.05 Billion, resulting in a decline of -6.9% year on year. The net income of the company is -4.00% and the debt of the company has advanced from $1.59 Billion to $1.76 Billion.
The profit margin of the company has declined from -1.19% in 2021 to -4.44% in 2022. There is a decline in long-term debt of the company by -66.2% resulting in $492.46 Million.
LI Auto Inc Performance Analysis
The Revenue of the company has increased from $4.19 Billion to $6.73 Billion in a span of a year. There is a huge decline in Net Income resulting in -$298.83 in the year 2022.
LI Technical Analysis
LI share has been consistently declining from higher levels leading to a lower low swing. A consistent decline in price ragged the LI share to the price of $38.26 and made the swing low at the same level. The price has declined from the same level and broke below the previous swing low on charts. It represents a change in the trend of the stock.
The 50-day and the 200-day Exponential Moving Averages are trading in a golden crossover on the daily charts. The stock’s price is still trading above the EMA’s which represents bullishness.
RSI for the stock is trading below the level of 50 and has also declined below the 14-day SMA line. It indicates weakness in the market and also declines in the existing trend. We might get to see further lower levels in the market if the RSI sustains below the 50 level.
Technical Overview of LI Stock
The indicator summary analysis reveals that 8 indicators are offering a buy signal, 10 are acting neutral, and the rest 10 are giving a sell signal. This indicates the bearishness in the market which concludes with a downtrend on the chart.
Conclusion
The price of LI Inc. shares has recently changed its character and is declining from the higher levels making lower lows. The RSI is also bearish on charts and the EMA is acting uncertain.
Therefore, LI share price can decline further to lower levels if the sellers continue to drag the market down.
Technical Levels
- The support levels for LI Stock are – $28.00 and $34.00
- The resistance levels for LI stock are – $42.00 and $47.00
Disclaimer
The information provided in this article, including the views and opinions expressed by the author or any individuals mentioned, is intended for informational purposes only. It is important to note that the article does not provide financial or investment advice. Investing or trading in cryptocurrency assets carries inherent risks and can result in financial loss.