In yesterday’s Wall Street session, RLX Technology Inc ADR (NYSE:RLX) shares traded at $1.89, down -5.97% from the previous session.
RLX stock price is now -1.10% away from the 50-day moving average and 6.34% away from the 200-day moving average. The market capitalization of the company currently stands at $1.90B.
With the price target of $2.60, UBS recently initiated with Buy rating for RLX Technology Inc ADR (NYSE: RLX). On November 01, 2021, BofA Securities recently initiated its ‘Neutral’ rating on the stock quoting a target price of $6, while ‘Citigroup’ rates the stock as ‘Buy’
A total of 5.30% of the company’s stock is owned by insiders.
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 13.44, and a quick ratio of 13.22. According to the stock market information, the enterprise value for the company is $1.82B, which is based on a 34.43 price-to-earnings ratio, a 2.71 price-to-earnings-growth ratio, and a beta of 0.98. The fifty day moving average price for RLX is $1.9110 and a two-hundred day moving average price translates $1.7780 for the stock.
The latest earnings results from RLX Technology Inc ADR (NYSE: RLX) was released for Dec, 2023. According to the Tobacco Company, earnings per share came in at $0.05, beating analysts’ expectations of $0.02 by 0.03. This compares to $0.05 EPS in the same period last year. The net profit margin was 44.86% and return on equity was 3.32% 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 $62.22M in revenue.
RLX Technology Inc ADR(RLX) Company Profile
RLX Technology Inc., together with its subsidiaries, engages in the manufacture and sale of e-vapor products in the People’s Republic of China. It serves partner distributors and retail outlets. The company was founded in 2018 and is headquartered in Beijing, China.
