In yesterday’s Wall Street session, RLX Technology Inc ADR (NYSE:RLX) shares traded at $2.00, up 2.04% from the previous session.
RLX stock price is now 13.92% away from the 50-day moving average and 10.88% 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 8.42% of the company’s stock is owned by insiders.
During the past 12 months, RLX Technology Inc ADR has had a low of $1.50 and a high of $2.19. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 12.42, and a quick ratio of 12.31. According to the stock market information, the enterprise value for the company is -$6075593216, which is based on a 29.15 price-to-earnings ratio, a 2.29 price-to-earnings-growth ratio, and a beta of 1.01. The fifty day moving average price for RLX is $1.7532 and a two-hundred day moving average price translates $1.80335 for the stock.
The latest earnings results from RLX Technology Inc ADR (NYSE: RLX) was released for 2024-06-30. The net profit margin was 29.78% and return on equity was 4.04% for RLX. The company reported revenue of $96.81 million for the quarter, compared to $44.92 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 115.5 percent.
