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After finishing at $1.67 in the prior trading day, RLX Technology Inc ADR (NYSE: RLX) closed at $1.65, down -1.20%. In other words, the price has decreased by -$1.20 from its previous closing price. On the day, 0.76 million shares were traded. RLX stock price reached its highest trading level at $1.68 during the session, while it also had its lowest trading level at $1.65.
Ratios:
Our goal is to gain a better understanding of RLX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 14.25 and its Current Ratio is at 14.38. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, UBS on August 08, 2023, initiated with a Buy rating and assigned the stock a target price of $2.60.
On November 01, 2021, BofA Securities started tracking the stock assigning a Neutral rating and target price of $6.
On March 12, 2021, Citigroup started tracking the stock assigning a Buy rating and target price of $20.Citigroup initiated its Buy rating on March 12, 2021, with a $20 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RLX now has a Market Capitalization of 2591803392 and an Enterprise Value of -6235346432. As of this moment, RLX’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.19, and their Forward P/E ratio for the next fiscal year is 13.88. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.90. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.35 while its Price-to-Book (P/B) ratio in mrq is 0.74. Its current Enterprise Value per Revenue stands at -3.32 whereas that against EBITDA is 27.025.
Stock Price History:
Over the past 52 weeks, RLX has reached a high of $2.40, while it has fallen to a 52-week low of $1.41. The 50-Day Moving Average of the stock is -3.79%, while the 200-Day Moving Average is calculated to be -12.04%.
Shares Statistics:
The stock has traded on average 1.98M shares per day over the past 3-months and 2320340 shares per day over the last 10 days, according to various share statistics. A total of 962.89M shares are outstanding, with a floating share count of 881.30M. Insiders hold about 8.47% of the company’s shares, while institutions hold 21.38% stake in the company. Shares short for RLX as of 1724976000 were 25662358 with a Short Ratio of 12.96, compared to 1722384000 on 29642375. Therefore, it implies a Short% of Shares Outstanding of 25662358 and a Short% of Float of 3.5900000000000003.
