RLX Technology Inc ADR (NYSE:RLX) does about 5.61M shares in volume on a normal day but saw 9341861 shares change hands in the recent trading day. The company now has a market cap of 1.76B USD. Its current market price is $1.83, marking an increase of 1.67% compared to the previous close of $1.80. The 52 week high reached by this stock is $2.30 whilst the lowest price level in 52 weeks is $1.50.
RLX Technology Inc ADR (RLX) has a 20-day trading average at $1.6785 and the current price is -20.43% off the 52-week high compared with 22.00% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.6978 and its 200-day simple moving average is $1.8082. If we look at the stock’s price movements over the week, volatility stands at 3.68%, which increases to 3.72% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 62.20 to suggest the stock is neutral.
The consensus objective for the share price is $3.11, suggesting that the stock has a potential upside of 41.16% over the period.
FactSet Research has provided data showing that 1 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 1 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Strong Buy the stock.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on August 08, 2023 when UBS initiated the stock to “Buy” and issued a price target of $2.60. Citigroup initiated its price target at $20.
The current price level is 9.03%, 7.79%, and 1.20% away from its SMA20, SMA50, and SMA200 respectively, with the RLX price moving below the 50-day SMA on current market day. RLX Technology Inc ADR (RLX) stock is up 0.55% over the week and 13.66% over the past month. Its price is -8.50% year-to-date and -18.67% over the past year.
The stock last released its quarterly earnings report for quarter ended 9/30/2024, with the company’s earnings per share (EPS) of 0.32 above consensus estimates by 0.19. The company’s next earnings report forecasts estimating quarterly EPS at 0.2 and 0.69 for whole year. In addition, estimates put the company’s current quarterly revenue at an average of $794M.
To reach the target analysts have set, the stock logically needs to grow 41.16 percent from here.
Outstanding shares total 962.89M with insiders holding 86.42% of the shares and institutional holders owning 28.86% of the company’s common stock. The company has a return on investment of 4.00% and return on equity of 4.04%. The price to earnings ratio (P/E ratio) amounts to 26.68 while the forward price to earnings ratio is 15.61. The beta has a value of 0.96. Price to book ratio is 1.04 and price to sales ratio is 5.88.
