RLX Technology Inc ADR (NYSE: RLX) is -0.46% lower on its value in year-to-date trading and has touched a low of $1.50 and a high of $2.31 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 $2.19 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $2.15, the stock is 3.59% and 14.24% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.09 million and changing -1.83% at the moment leaves the stock 18.46% off its SMA200. RLX registered 13.76% gain for a year compared to 6-month gain of 18.78%. The firm has a 50-day simple moving average (SMA 50) of $1.882 and a 200-day simple moving average (SMA200) of $1.81495.
The stock witnessed a 11.40% loss in the last 1 month and extending the period to 3 months gives it a 22.86%, and is -2.71% 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 4.57% over the week and 4.20% over the month.
RLX Technology Inc ADR (RLX) has around 1235 employees, a market worth around $2.07B and $299.70M in sales. Current P/E ratio is 31.34 and Fwd P/E is 18.88. Profit margin for the company is 29.78%. Distance from 52-week low is 43.33% and -6.93% from its 52-week high. The company has generated returns on investments over the last 12 months (4.00%).
with sales reaching $794M over the same period.The EPS is expected to grow by 75.33% this year, but quarterly earnings will post 69.63% year-over-year. Quarterly sales are estimated to grow 52.56% in year-over-year returns.
RLX Technology Inc ADR (RLX) Top Institutional Holders
The shares outstanding are 962.89M, and float is at 881.80M with Short Float at 1.05%.
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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