In recent trading session today, 3.31 million shares of the RLX Technology Inc ADR (NYSE:RLX) have been traded, and its beta is 0.89. Most recently the company’s share price was $1.84, and it changed around -$0.03 or -1.87% from the last close, which brings the market valuation of the company to $1.77B. RLX at last check was trading at a discount to its 52-week high of $2.40, offering almost -30.43% off that amount. The share price’s 52-week low was $1.50, which indicates that the recent value has risen by an impressive 18.48% since then. We note from RLX Technology Inc ADR’s average daily trading volume that its 10-day average is 14.01 million shares, with the 3-month average coming to 3.84 million.
RLX Technology Inc ADR stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended RLX as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight. RLX Technology Inc ADR is expected to report earnings per share of 0.03 for the current quarter.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
RLX Technology Inc ADR (NYSE:RLX) trade information
Instantly RLX has been showing red trend so far today with a performance of -1.87% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.9500 on recent trading dayincreased the stock’s daily price by 5.64%. The company’s shares are currently down -8.25% year-to-date, but still up 7.31% over the last five days. On the other hand, RLX Technology Inc ADR (NYSE:RLX) is 8.58% up in the 30-day period. We can see from the shorts that 18.52 million shares have been sold at a short interest cover period of 8.09 day(s).
RLX Technology Inc ADR (RLX) estimates and forecasts
Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 50.00% in revenue this quarter, and will report a decrease of -40.00% in the next quarter. The year-over-year growth rate is expected to be 69.10%, up from the previous year.
Consensus estimates provided by 2 financial analysts predict the company will bring in an average of 105.8M in revenue for the current quarter. 2 analysts expect RLX Technology Inc ADR to make 106.02M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 59.51M and 73.23M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 77.80%. Forecasts for the next quarter put sales growth at 44.80%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 90.13%. RLX Technology Inc ADR earnings are expected to increase by 73.78% in 2024, but the outlook is positive 12.71% per year for the next five years.
RLX Dividends
RLX Technology Inc ADR’s next quarterly earnings report is expected to be released on 2024-Nov-11. The annual dividend yield of the stock is 0.54 percent and its annual dividend per share was 0.01. It is important to note, however, that the 0.54% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
RLX Technology Inc ADR (NYSE:RLX)’s Major holders
VANGUARD GROUP INC, with 2.541% or 31.75 million shares worth $58.41 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard International Stock Index-Total Intl Stock Indx and Vanguard International Stock Index-Emerging Markets Stk were the top two Mutual Funds as of Jul 31, 2024. The former held 11.46 shares worth $21.09 million, making up 0.91% of all outstanding shares. On the other hand, Vanguard International Stock Index-Emerging Markets Stk held roughly 10.82 shares worth around $19.9 million, which represents about 0.86% of the total shares outstanding.
