Stocks of RLX Technology Inc ADR (NYSE:RLX) traded higher last session on Wall Street, down -0.49% to $2.02.
RLX stock price is now 11.27% away from the 50-day moving average and 3.89% away from the 200-day moving average. The market capitalization of the company currently stands at $2.03B.
With the price target of $2.60, UBS recently initiated with Buy rating for RLX Technology Inc ADR (NYSE: RLX).
A total of 8.28% of the company’s stock is owned by insiders.
Tuesday’s opening bell rang with an opening price of $1.8950 for RLX Technology Inc ADR (NYSE: RLX). During the past 12 months, RLX Technology Inc ADR has had a low of $1.39 and a high of $3.00. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 14.86, and a quick ratio of 14.73. According to the stock market information, the enterprise value for the company is $2.03B, which is based on a 249.38 price-to-earnings ratio, a 19.62 price-to-earnings-growth ratio, and a beta of 0.98. The fifty day moving average price for RLX is $1.8154 and a two-hundred day moving average price translates $1.9445 for the stock.
The latest earnings results from RLX Technology Inc ADR (NYSE: RLX) was released for Sep, 2023. According to the Tobacco Company, earnings per share came in at $0.02, beating analysts’ expectations of $0.01 by 0.01. This compares to $0.05 EPS in the same period last year. The net profit margin was 8.47% and return on equity was 0.55% for RLX. The company reported revenue of $44.92 million for the quarter, compared to $146.82 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -69.4 percent. For the current quarter, analysts expect RLX to generate $62.32M in revenue.
RLX Technology Inc ADR(RLX) Company Profile
RLX Technology Inc., together with its subsidiaries, manufactures, distributes, and sells e-vapor products in the People’s Republic of China. It serves partner distributors and other retail outlets. The company was founded in 2018 and is headquartered in Beijing, China.
