Li Auto has vehicle manufacturing, engineering, and design services located in Changzhou, Jiangsu Province with corporate headquarters and research and development located in Beijing. In 2020, the company debuted on the Nasdaq and raised over a billion dollars with their initial public offering. Li Auto Inc, through https://www.britannica.com/topic/Bank-of-the-United-States its subsidiaries, designs, develops, manufactures, and sells new energy vehicles in the People’s Republic of China. The company provides Li ONE, a six-seat smart electric sport utility vehicle that is equipped with smart vehicle solutions, navigation on ADAS, and automatic emergency breaking functionalities.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares. The figures are provided in accordance with the German regulation ‘PKW-EnVKV’ and apply to the German market only. The Chinese BAIC Group currently holds 9.98% of the company’s voting https://dotbig.com/markets/stocks/LI/ rights, making it Mercedes-Benz Group AG’s largest individual shareholder. Other major shareholders include the Chinese investor Li Shufu and the Kuwait Investment Authority . Li Shufu holds an equity interest of 9.69% in Mercedes-Benz Group through Tenaciou3 Prospect Investment Limited.
End Of Day Market Cap According To Different Sources
Barclays boosted their price target on shares of Li Auto from $38.00 to $40.00 and gave the stock an “overweight” rating in a report on Monday, February 28th. Morgan Stanley decreased their target price on shares of Li Auto from $49.00 to $41.00 and set an “overweight” rating on the stock in a research report on Wednesday, March 23rd. https://dotbig.com/ TheStreet raised shares of Li Auto from a “d” rating to a “c-” rating in a research report on Monday, June 6th. HSBC initiated coverage on shares of Li Auto in a research report on Friday, April 1st. Finally, Bank of America cut their target price on shares of Li Auto from $35.00 to $33.00 in a research note on Tuesday, May 10th.
- Dimensional Fund Advisors LP now owns 27,164 shares of the company’s stock valued at $714,000 after purchasing an additional 2,008 shares in the last quarter.
- According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $39.80.
- The company has a debt-to-equity ratio of 0.17, a quick ratio of 3.76 and a current ratio of 3.89.
- Ensign Peak Advisors Inc increased its holdings in Li Auto by 6.3% during the 3rd quarter.
Dimensional Fund Advisors LP now owns 27,164 shares of the company’s stock valued at $714,000 after purchasing an additional 2,008 shares in the last quarter. The company has a debt-to-equity ratio of 0.17, a quick ratio of 3.76 and a DotBig current ratio of 3.89. The firm has a market capitalization of $32.94 billion, a P/E ratio of 3,125.00 and a beta of 1.73. The stock has a fifty day moving average price of $24.31 and a two-hundred day moving average price of $27.10.
Market Cap History Of Li Auto From 2020 To 2022
Several institutional investors have recently made changes to their positions in the company. Renaissance Technologies LLC increased its position in Li Auto by 1,642.6% in the 3rd quarter. Renaissance Technologies LLC now owns 245,700 shares of the company’s stock worth $6,459,000 after purchasing an additional 231,600 shares during the last quarter. GSA Capital Partners LLP bought a new position in shares of Li Auto during the 3rd quarter worth approximately $393,000. Franklin Resources Inc. increased its holdings in Li Auto by 19.5% during the 3rd quarter. Franklin Resources Inc. now owns 58,547 shares of the company’s stock valued at $1,540,000 after purchasing an additional 9,568 shares in the last quarter.
Some of our institutional investors have reportable securities holdings in the Mercedes-Benz Group AG. On our page Voting Rights Announcements we regularly inform you about these investments. Li Auto Inc., also known as Li Xiang, is a Chinese electric vehicle manufacturer headquartered in Beijing, with manufacturing facilities in Changzhou. Offers financing, leasing, car subscription and car rental, fleet management, digital services for charging and payment, insurance brokerage, as well as innovative mobility services. Stock prices are delayed, the delay can range from a few minutes to several hours.
Daily Ratings & News For Li Auto
Ensign Peak Advisors Inc increased its holdings in Li Auto by 6.3% during the 3rd quarter. Ensign Peak Advisors Inc now owns 36,350 shares of the company’s stock valued at $956,000 DotBig after purchasing an additional 2,150 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in Li Auto by 8.0% during the 3rd quarter.
Shares By Ownershipin % Of Registered Capital Stock, March 31,
Twelve investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $39.80. This makes Li Auto the world’s 414th most valuable company by market cap according to our data. The market capitalization, commonly called market cap, is the total market value of a publicly traded company’s outstanding shares and is commonly used to measure how much a company is worth. The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.