In yesterday’s Wall Street session, RLX Technology Inc ADR (NYSE:RLX) shares traded at $1.92, up 1.05% from the previous session.
RLX stock price is now 0.45% away from the 50-day moving average and 7.93% away from the 200-day moving average. The market capitalization of the company currently stands at $1.93B.
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 $1.88B, which is based on a 34.97 price-to-earnings ratio, a 2.75 price-to-earnings-growth ratio, and a beta of 0.97. The fifty day moving average price for RLX is $1.9140 and a two-hundred day moving average price translates $1.7797 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 $0.04, beating analysts’ expectations of $0.02 by 0.02. 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 $61.57M in revenue.
