ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Though China EV sales remain strong so far in 2022, other fears are hitting Xpeng and its peers. They slid Friday after microblog service Weibo landed on the list of Chinese companies at risk of being delisted on U.S. stock exchanges. This guide will help you identify and execute an options trading strategy that fits your specific needs and risk profile. Take your trading to the next level with the Options Strategy Guide.
XPeng issued an update on its first quarter 2022 earnings guidance on Monday, March, 28th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.15 billion-$1.17 billion, compared to the consensus revenue estimate of $1.17 billion.
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The consensus rating score for XPeng is 3.00 while the average consensus rating score for auto/tires/trucks companies is 2.50. In the chart, the price bounced from the strong support of 31.5 and is heading to the $41… Is there still any doubt about possibility of Mid term and Long term prediction of a stock or the market?
Xpeng stock tumbled across the past year and remains well below the 50-day moving average with no buy point in sight. So far this year, Chinese EV startups Xpeng and Li Auto outsold rival Nio in January and February. Chinese EV companies will report March and Q1 sales in days ahead. MarketBeat users like XPeng stock more than the stock of other Auto/Tires/Trucks companies.
Chinese Ev Stocks Get Hammered Again Whats Wrong? Everything
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- A valuation method that multiplies the price of a company’s stock by the total number of outstanding shares.
- The consensus rating score for XPeng is 3.00 while the average consensus rating score for auto/tires/trucks companies is 2.50.
- We have an omni-channel sales model, which combines a data-driven and targeted online marketing strategy with a physical sales and service network.
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GBP/USD is heading south to test 1.3100, shrugging off the upbeat UK Q4 final GDP data. The US dollar recovers ground across the board amid a cautious market sentiment. China concerns and Ukraine’s uncertainty keep investors on the edge ahead of US inflation. In the D1 candle chart of (China’s new energy vehicle Xiaopeng automobile), the price is in the downward channel. Investchronicle.com is an Economic news website, which offers broad information about the Stock markets and Equities. The major emphasis of this platform is to present, the most practical recommendation for public and private capital sharing, both in the form of updates and detailed analysis. MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.