RLX Technology Inc ADR (RLX) concluded trading on Wednesday at a closing price of $1.60, with 4.38 million shares of worth about $7.0 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -14.44% during that period and on October 23, 2024 the price saw a loss of about -1.84%. Currently the company’s common shares owned by public are about 962.89M shares, out of which, 881.30M shares are available for trading.
Stock saw a price change of -4.19% in past 5 days and over the past one month there was a price change of -9.60%. Year-to-date (YTD), RLX shares are showing a performance of -20.00% which increased to 0.63% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.50 but also hit the highest price of $2.40 during that period. The average intraday trading volume for RLX Technology Inc ADR shares is 4.50 million. The stock is currently trading -7.59% below its 20-day simple moving average (SMA20), while that difference is down -5.93% for SMA50 and it goes to -12.37% lower than SMA200.
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RLX Technology Inc ADR (NYSE: RLX) currently have 962.89M outstanding shares and institutions hold larger chunk of about 20.43% of that.
The stock has a current market capitalization of $1.54B and its 3Y-monthly beta is at 0.90. PE ratio of stock for trailing 12 months is 23.46, while it has posted earnings per share of $0.07 in the same period. Its PEG reads 1.85 and has Quick Ratio of 14.25 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 2.67% while standing at 5.80% over the month.
Stock’s fiscal year EPS is expected to rise by 76.41% while it is estimated to increase by 23.08% in next year. EPS is likely to shrink at an annualized rate of 12.71% for next 5-years, compared to annual growth of 90.13% made by the stock over the past 5-years.
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.
