The stock of RLX Technology Inc ADR (NYSE:RLX) last traded at $1.70, down -2.30% from the previous session.
RLX stock price is now -21.06% away from the 50-day moving average and -10.49% away from the 200-day moving average. The market capitalization of the company currently stands at $1.64B.
With the price target reduced from $2.80 to $2.50, Citigroup Downgraded its rating from Buy to Neutral for RLX Technology Inc ADR (NYSE: RLX). On August 08, 2023, UBS recently initiated its ‘Buy’ rating on the stock quoting a target price of $2.60, while ‘BofA Securities’ rates the stock as ‘Neutral’
In other news, Zhenjing Zhu, Independent Director bought 15,000 shares of the company’s stock on Mar 26 ’25. The stock was bought for $30,000 at an average price of $2.00. A total of 8.08% 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 $2.69. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 10.84, and a quick ratio of 10.68. According to the stock market information, the enterprise value for the company is -$6350160384, which is based on a 28.62 price-to-earnings ratio, a 0.90 price-to-earnings-growth ratio, and a beta of 1.01. The fifty day moving average price for RLX is $2.1534 and a two-hundred day moving average price translates $1.89925 for the stock.
The latest earnings results from RLX Technology Inc ADR (NYSE: RLX) was released for 2024-12-31. The net profit margin was 22.57% and return on equity was 3.49% 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.
