RLX Technology Inc ADR (RLX) concluded trading on Wednesday at a closing price of $1.90, with 3.93 million shares of worth about $7.47 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 22.58% during that period and on Wednesday the price saw a loss of about -1.55%. Currently the company’s common shares owned by public are about 1.00B shares, out of which, 951.16M shares are available for trading.
However, the stock later moved at a day high price of 1.9400, or with a loss of -1.55%. Stock saw a price change of -4.04% in past 5 days and over the past one month there was a price change of 4.40%. Year-to-date (YTD), RLX shares are showing a performance of -5.00% which decreased to -22.76% 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 6.86 million. The stock is currently trading -3.16% below its 20-day simple moving average (SMA20), while that difference is down -0.26% for SMA50 and it goes to 6.65% higher than SMA200.
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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 $1.91B and its 3Y-monthly beta is at 0.96. PE ratio of stock for trailing 12 months is 234.57, while it has posted earnings per share of $0.01 in the same period. Its PEG reads 18.46 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 3.75% while standing at 3.83% over the month.
Stock’s fiscal year EPS is expected to drop by -62.20% 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.
