RLX Technology Inc ADR (NYSE: RLX) is -16.20% lower on its value in year-to-date trading and has touched a low of $1.50 and a high of $2.69 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 $1.81 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $1.81, the stock is -9.73% and -17.16% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.15 million and changing 0.00% at the moment leaves the stock -4.77% off its SMA200. RLX registered 0.56% gain for a year compared to 6-month gain of -4.23%. The firm has a 50-day simple moving average (SMA 50) of $2.185 and a 200-day simple moving average (SMA200) of $1.90075.
The stock witnessed a -23.31% loss in the last 1 month and extending the period to 3 months gives it a -17.73%, and is -3.72% 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 5.64% over the week and 5.66% over the month.
Current P/E ratio is 30.47 and Fwd P/E is 13.85. Profit margin for the company is 22.57%. Distance from 52-week low is 20.67% and -32.71% from its 52-week high. The company has generated returns on investments over the last 12 months (3.50%).
with sales reaching $815M over the same period.The EPS is expected to grow by 88.97% this year, but quarterly earnings will post 15.30% year-over-year. Quarterly sales are estimated to grow 47.75% in year-over-year returns.
RLX Technology Inc ADR (RLX) Top Institutional Holders
132.0 institutions hold shares in RLX Technology Inc ADR (RLX), with institutional investors hold 204.84% of the company’s shares. The shares outstanding are 962.89M, and float is at 885.08M with Short Float at 1.59%. Institutions hold 27.81% of the Float.
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 4.8881% 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 1.7318 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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