RLX Technology Inc ADR (NYSE: RLX) is -15.50% lower on its value in year-to-date trading and has touched a low of $1.50 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 $1.76 in the last trading session, with the day’s loss setting it -0.07%.
Currently trading at $1.69, the stock is -3.37% and -0.21% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.21 million and changing -3.98% at the moment leaves the stock -7.99% off its SMA200. RLX registered 6.96% gain for a year compared to 6-month loss of -5.06%. The firm has a 50-day simple moving average (SMA 50) of $1.6936 and a 200-day simple moving average (SMA200) of $1.83685.
The stock witnessed a 2.42% gain in the last 1 month and extending the period to 3 months gives it a -7.14%, and is -9.63% down 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 4.80% over the week and 5.40% over the month.
RLX Technology Inc ADR (RLX) has around 1235 employees, a market worth around $1.63B and $250.15M in sales. Current P/E ratio is 24.78 and Fwd P/E is 13.90. Profit margin for the company is 35.88%. Distance from 52-week low is 12.67% and -29.58% from its 52-week high. The company has generated returns on investments over the last 12 months (4.16%).
with sales reaching $105.08M over the same period.The EPS is expected to grow by 75.46% this year, but quarterly earnings will post 67.90% year-over-year. Quarterly sales are estimated to grow 76.60% 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 1.99%.
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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