RLX Technology Inc ADR (NYSE:RLX) traded at $1.90 at last check on current trade day and made an upward move of 3.83% on its previous day’s price.
Looking at the stock we see that its previous close was $1.83 and the beta (5Y monthly) reads 0.917 with the day’s price range being $1.805 – $1.9. The company has a trailing 12-month PE ratio of 27.70. In terms of its 52-week price range, RLX has a high of $2.30 and a low of $1.50. The company’s stock has gained about 11.76% over that past 30 days.
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RLX Technology Inc ADR has a market cap of $1.83 billion and is expected to release its quarterly earnings report in December. With its Forward Dividend at 0.01 and a yield of 0.53%, the company’s investors could be anxious for the RLX stock to gain ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of 0.2, with the EPS growth for the year raised at 0.69 for current year and 0.69 for next year.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 794M, with a low of 794M and a high of 794M. The median projection represents growth squeezing down to 52.56% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 2.69B, or 69.63% up from figures reported last year.
On the other hand, looking at the outlook for the RLX stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 50% Sell.
Based on estimates by 1 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 0 have rated the RLX Technology Inc ADR (RLX) stock as a Hold, while 1 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the RLX stock currently stands at 2.18, and the most recent price level today is 12.43% off its SMA20 and 11.58% from its 50-day simple moving average. The RSI (14) is pointing at 66.68 while the volatility over the past week is 3.68% and jumps to 3.72% over the past one month. The beta value is 0.97, while the average true range (ATR) is currently pointing at 0.07.
Coming back to RLX Technology Inc ADR (NYSE:RLX), we note that the average 3-month trading volume was 5.72 million, while that of the preceding 10-day period stands at 6.42 million. Current shares outstanding are 962.89 million.
The insiders hold 8.42% of the company’s shares while institutions hold 19.38%. The data shows that short shares as of 2024-10-31, stood at 17.43 million at a short ratio of 2.13. This represents a 244.00 short interest in shares outstanding on 2024-10-31. Shares short fall in October from the previous month at 17.56 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -5.00% down in year-to-date price movement.
