In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
RLX Technology Inc ADR (NYSE: RLX) closed the day trading at $1.62 down -4.14% from the previous closing price of $1.69. In other words, the price has decreased by -$4.14 from its previous closing price. On the day, 1.21 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 $1.62.
Ratios:
For a better understanding of RLX, let’s 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 2654629120 and an Enterprise Value of -6272212480. As of this moment, RLX’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.75, and their Forward P/E ratio for the next fiscal year is 13.63. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.87. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.24 while its Price-to-Book (P/B) ratio in mrq is 0.72. Its current Enterprise Value per Revenue stands at -3.339 whereas that against EBITDA is 27.185.
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 -7.47%, while the 200-Day Moving Average is calculated to be -14.47%.
Shares Statistics:
Over the past 3-months, RLX traded about 2.11M shares per day on average, while over the past 10 days, RLX traded about 2536550 shares per day. 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 21.39% stake in the company. Shares short for RLX as of 1723680000 were 27086300 with a Short Ratio of 12.87, compared to 1721001600 on 29276090. Therefore, it implies a Short% of Shares Outstanding of 27086300 and a Short% of Float of 3.7900000000000005.
