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The closing price of RLX Technology Inc ADR (NYSE: RLX) was $1.78 for the day, down -0.56% from the previous closing price of $1.79. In other words, the price has decreased by -$0.56 from its previous closing price. On the day, 1.86 million shares were traded. RLX stock price reached its highest trading level at $1.81 during the session, while it also had its lowest trading level at $1.78.
Ratios:
Our analysis of RLX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 13.22 and its Current Ratio is at 13.44. 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 2796006144 and an Enterprise Value of -5783171072. As of this moment, RLX’s Price-to-Earnings (P/E) ratio for their current fiscal year is 32.42, and their Forward P/E ratio for the next fiscal year is 15.16. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.55. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.88 while its Price-to-Book (P/B) ratio in mrq is 1.07. Its current Enterprise Value per Revenue stands at -4.649 whereas that against EBITDA is 13.925.
Stock Price History:
Over the past 52 weeks, RLX has reached a high of $2.78, while it has fallen to a 52-week low of $1.39. The 50-Day Moving Average of the stock is -7.13%, while the 200-Day Moving Average is calculated to be 0.02%.
Shares Statistics:
RLX traded an average of 6.20M shares per day over the past three months and 3000290 shares per day over the past ten days. A total of 1.00B shares are outstanding, with a floating share count of 921.16M. Insiders hold about 8.28% of the company’s shares, while institutions hold 23.40% stake in the company. Shares short for RLX as of 1711584000 were 38217310 with a Short Ratio of 6.17, compared to 1709164800 on 48633912. Therefore, it implies a Short% of Shares Outstanding of 38217310 and a Short% of Float of 3.37.
Earnings Estimates
The stock of RLX Technology Inc ADR (RLX) is currently in the spotlight, with RTX Corporation analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is $36.37, with high estimates of $142.34 and low estimates of $1.15.
Analysts are recommending an EPS of between $Consumer Defensive and $Healthcare for the fiscal current year, implying an average EPS of $Communication Services.
