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The closing price of RLX Technology Inc ADR (NYSE: RLX) was $1.84 for the day, down -1.08% from the previous closing price of $1.86. In other words, the price has decreased by -$1.08 from its previous closing price. On the day, 2.68 million shares were traded. RLX stock price reached its highest trading level at $1.89 during the session, while it also had its lowest trading level at $1.81.
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 13.86 and its Current Ratio is at 14.03. 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 2890253568 and an Enterprise Value of -4996327424. As of this moment, RLX’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.44, and their Forward P/E ratio for the next fiscal year is 15.44. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.92. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.38 while its Price-to-Book (P/B) ratio in mrq is 1.10. Its current Enterprise Value per Revenue stands at -3.142 whereas that against EBITDA is 36.388.
Stock Price History:
The Beta on a monthly basis for RLX is 0.91, which has changed by 0.045454502 over the last 52 weeks, in comparison to a change of 0.23232913 over the same period for the S&P500. Over the past 52 weeks, RLX has reached a high of $2.40, while it has fallen to a 52-week low of $1.39. The 50-Day Moving Average of the stock is -3.57%, while the 200-Day Moving Average is calculated to be 0.22%.
Shares Statistics:
RLX traded an average of 4.73M shares per day over the past three months and 3076020 shares per day over the past ten days. A total of 962.89M shares are outstanding, with a floating share count of 899.42M. Insiders hold about 6.59% of the company’s shares, while institutions hold 22.17% stake in the company. Shares short for RLX as of 1715731200 were 29078906 with a Short Ratio of 6.14, compared to 1713139200 on 29067248. Therefore, it implies a Short% of Shares Outstanding of 29078906 and a Short% of Float of 2.8399997999999997.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.038172044
