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These Numbers Show Favorable Signs for RLX Technology Inc ADR (RLX)

RLX Technology Inc ADR (NYSE: RLX) is -9.50% lower on its value in year-to-date trading and has touched a low of $1.49 and a high of $2.40 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The RLX stock was last observed hovering at around $1.68 in the last trading session, with the day’s gains setting it 0.13%.

Currently trading at $1.81, the stock is 7.20% and 7.11% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 15.98 million and changing 7.74% at the moment leaves the stock -2.20% off its SMA200. RLX registered 18.30% gain for a year compared to 6-month loss of -4.74%. The firm has a 50-day simple moving average (SMA 50) of $1.6904 and a 200-day simple moving average (SMA200) of $1.84975.

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The stock witnessed a 9.04% gain in the last 1 month and extending the period to 3 months gives it a -1.09%, and is 8.38% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.45% over the week and 3.42% over the month.

RLX Technology Inc ADR (RLX) has around 1235 employees, a market worth around $1.74B and $250.15M in sales. Current P/E ratio is 26.54 and Fwd P/E is 14.89. Profit margin for the company is 35.88%. Distance from 52-week low is 21.48% and -24.58% from its 52-week high. The company has generated returns on investments over the last 12 months (4.16%).

with sales reaching $105.9M over the same period.The EPS is expected to grow by 73.74% this year, but quarterly earnings will post 69.20% year-over-year. Quarterly sales are estimated to grow 77.90% in year-over-year returns.

RLX Technology Inc ADR (RLX) Top Institutional Holders

The shares outstanding are 962.89M, and float is at 881.30M with Short Float at 2.10%.

The top institutional shareholder in the company is IDG CHINA VENTURE CAPITAL FUND V ASSOCIATES L.P. with over 60.07 million shares valued at $110.53 million. The investor’s holdings represent 4.8081% of the RLX Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 31.75 million shares valued at $58.41 million to account for 2.541 of the shares outstanding. The other top investors are GOLDMAN SACHS GROUP INC which holds 25.7 million shares representing 2.0571% and valued at over $47.29 million, while FIRST BEIJING INVESTMENT LTD holds 1.7034 of the shares totaling 21.28 million with a market value of $39.16 million.

RLX Technology Inc ADR (RLX) Insider Activity

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