In the latest session, RLX Technology Inc ADR (NYSE: RLX) closed at $2.11 up 7.11% from its previous closing price of $1.97. In other words, the price has increased by $+0.1400 from its previous closing price. On the day, 15002843 shares were traded. RLX stock price reached its highest trading level at $2.1500 during the session, while it also had its lowest trading level at $1.9400.
Ratios:
For a deeper understanding of RLX Technology Inc ADR’s stock, let’s take a closer look at its various ratios. 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 3.31B and an Enterprise Value of 2.18B. As of this moment, RLX’s Price-to-Earnings (P/E) ratio for their current fiscal year is 38.43, and their Forward P/E ratio for the next fiscal year is 18.06. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.02. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.90 while its Price-to-Book (P/B) ratio in mrq is 1.27. Its current Enterprise Value per Revenue stands at 2.05 whereas that against EBITDA is -2.61.
Stock Price History:
Over the past 52 weeks, RLX has reached a high of $3.00, while it has fallen to a 52-week low of $1.39. The 50-Day Moving Average of the stock is 1.9010, while the 200-Day Moving Average is calculated to be 1.7748.
Shares Statistics:
For the past three months, RLX has traded an average of 6.73M shares per day and 9.09M over the past ten days. A total of 1.00B shares are outstanding, with a floating share count of 951.16M. Insiders hold about 5.30% of the company’s shares, while institutions hold 23.37% stake in the company. Shares short for RLX as of Feb 29, 2024 were 48.63M with a Short Ratio of 7.23, compared to 52.47M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.10% and a Short% of Float of 4.28%.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 3.60%, it implies a Forward Annual Dividend Yield of 1.90%.
Earnings Estimates
There are 1 different market analysts currently analyzing its stock. The consensus estimate for the next quarter is $0.02, with high estimates of $0.02 and low estimates of $0.02.
Analysts are recommending an EPS of between $0.1 and $0.09 for the fiscal current year, implying an average EPS of $0.09. EPS for the following year is $0.09, with 4 analysts recommending between $0.12 and $0.03.
Revenue Estimates
A total of 4 analysts have provided revenue estimates for RLX’s current fiscal year. The highest revenue estimate was $370.14M, while the lowest revenue estimate was $257.22M, resulting in an average revenue estimate of $336.79M. In the same quarter a year ago, actual revenue was $220.36M, up 52.80% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $498M in the next fiscal year. The high estimate is $553.95M and the low estimate is $361.4M. The average revenue growth estimate for next year is up 47.90% from the average revenue estimate for this year.
