RLX Technology Inc ADR (RLX) concluded trading on Wednesday at a closing price of $2.03, with 3.16 million shares of worth about $6.42 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 36.24% during that period and on Wednesday the price saw a loss of about -0.49%. Currently the company’s common shares owned by public are about 1.00B shares, out of which, 921.16M shares are available for trading.
Stock saw a price change of 4.10% in past 5 days and over the past one month there was a price change of 14.69%. Year-to-date (YTD), RLX shares are showing a performance of 1.50% which decreased to -6.88% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.39 but also hit the highest price of $3.00 during that period. The average intraday trading volume for RLX Technology Inc ADR shares is 8.06 million. The stock is currently trading 8.24% above its 20-day simple moving average (SMA20), while that difference is up 5.42% for SMA50 and it goes to 12.65% higher than SMA200.
RLX Technology Inc ADR (NYSE: RLX) currently have 1.00B outstanding shares and institutions hold larger chunk of about 23.32% of that.
The stock has a current market capitalization of $2.04B and its 3Y-monthly beta is at 0.96. PE ratio of stock for trailing 12 months is 250.62, while it has posted earnings per share of $0.01 in the same period. Its PEG reads 19.72 and has Quick Ratio of 14.73 while making debt-to-equity ratio of 0.00. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for RLX, volatility over the week remained 4.17% while standing at 5.09% over the month.
Analysts are in expectations that RLX Technology Inc ADR (RLX) stock would likely to be making an EPS of $0.02 in the current quarter, while forecast for next quarter EPS is $0.02 and it is $0.08 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.02 which is $0.02 at the higher side of the target for the same. Stock’s fiscal year EPS is expected to drop by -62.26% while it is estimated to increase by 51.28% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by UBS on August 08, 2023 offering a Buy rating for the stock and assigned a target price of $2.60 to it. Coverage by BofA Securities stated RLX Technology Inc ADR (RLX) stock as a Neutral in their note to investors on November 01, 2021, suggesting a price target of $6 for the stock. On March 12, 2021, Citigroup Initiated their recommendations, while on February 22, 2021, China Renaissance Initiated their ratings for the stock with a price target of $30.
