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The closing price of RLX Technology Inc ADR (NYSE: RLX) was $1.82 for the day, down -1.09% from the previous closing price of $1.84. In other words, the price has decreased by -$1.09 from its previous closing price. On the day, 1.3 million shares were traded. RLX stock price reached its highest trading level at $1.84 during the session, while it also had its lowest trading level at $1.805.
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 2858838016 and an Enterprise Value of -5021314048. As of this moment, RLX’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.17, and their Forward P/E ratio for the next fiscal year is 15.37. 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 8.29 while its Price-to-Book (P/B) ratio in mrq is 1.09. Its current Enterprise Value per Revenue stands at -3.158 whereas that against EBITDA is 36.57.
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 $1.39. The 50-Day Moving Average of the stock is -4.94%, while the 200-Day Moving Average is calculated to be -2.48%.
Shares Statistics:
RLX traded an average of 3.10M shares per day over the past three months and 1804480 shares per day over the past ten days. A total of 962.89M shares are outstanding, with a floating share count of 879.69M. Insiders hold about 8.64% of the company’s shares, while institutions hold 22.24% stake in the company. Shares short for RLX as of 1718323200 were 31041642 with a Short Ratio of 10.01, compared to 1715731200 on 29078906. Therefore, it implies a Short% of Shares Outstanding of 31041642 and a Short% of Float of 3.04.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.038586956
Earnings Estimates
The current rating of RLX Technology Inc ADR (RLX) is the result of assessments by 1.0 analysts actively engaged in evaluating its market dynamics.On average, analysts expect EPS of $0.02 for the current quarter, with a high estimate of $0.02 and a low estimate of $0.02, while EPS last year was $0.01. The consensus estimate for the next quarter is $0.03, with high estimates of $0.03 and low estimates of $0.03.
Analysts are recommending an EPS of between $0.1 and $0.09 for the fiscal current year, implying an average EPS of $0.1. EPS for the following year is $0.12, with 4.0 analysts recommending between $0.13 and $0.11.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 2 analysts. It ranges from a high estimate of $93.09M to a low estimate of $82.53M. As of the current estimate, RLX Technology Inc ADR’s year-ago sales were $48.39MFor the next quarter, 2 analysts are estimating revenue of $102.15M. There is a high estimate of $104.58M for the next quarter, whereas the lowest estimate is $99.73M.
A total of 4 analysts have provided revenue estimates for RLX’s current fiscal year. The highest revenue estimate was $374.7M, while the lowest revenue estimate was $347.33M, resulting in an average revenue estimate of $364.27M. In the same quarter a year ago, actual revenue was $223.21MBased on 4 analysts’ estimates, the company’s revenue will be $529.26M in the next fiscal year. The high estimate is $551.72M and the low estimate is $499.12M.
