EV Stock Alert: Li Auto Inc (LI) Receives Bearish Sentiment Score

2022-09-03 20:29:28 By : Ms. Mikayla wang

EV stock LI is lower by 4.66% Friday. Overall market sentiment has been down on Li Auto Inc (LI) stock lately. LI receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator. Li Auto Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on LI! See Full LI Report What is Stock Sentiment? Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall. What's Happening With LI Stock Today? Li Auto Inc (LI) stock is trading at $26.60 as of 3:05 PM on Friday, Sep 2, a loss of -$1.30, or -4.66% from the previous closing price of $27.90. The stock has traded between $26.26 and $27.36 so far today. Volume today is 7,006,617 compared to average volume of 8,387,208. To screen for more stocks like Li Auto Inc click here. More About Li Auto Inc Li Auto is a leading Chinese NEV manufacturer that designs, develops, manufactures, and sells premium smart NEVs. The company started volume production of its first model Li One in November 2019. The model is a six-seater, large, premium plug-in electric SUV equipped with a range extension system and advanced smart vehicle solutions. It sold over 90,000 EVs in 2021, accounting for about 2.7% of China's passenger new energy vehicle market. Beyond Li One, the company will expand its product line, including both BEVs and PHEVs, to target a broader consumer base. Click Here to get the full Stock Report for Li Auto Inc stock.

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