In recent trading session, RLX Technology Inc ADR (NYSE:RLX) saw 0.52 million shares changing hands at last check today with its beta currently measuring 0.90. Company’s recent per share price level of $1.63 trading at -$0.04 or -2.10% at last check today assigns it a market valuation of $1.57B. That most recent trading price of RLX’s stock is at a discount of -47.24% from its 52-week high price of $2.40 and is indicating a premium of 7.98% from its 52-week low price of $1.50. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 10.54 million shares which gives us an average trading volume of 4.38 million if we extend that period to 3-months.
For RLX Technology Inc ADR (RLX), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.03 in the current quarter.
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RLX Technology Inc ADR (NYSE:RLX) trade information
Upright in the red during last session for losing -2.10%, in the last five days RLX remained trading in the red while hitting it’s week-highest on Friday, 10/11/24 when the stock touched $1.63 price level, adding 7.91% to its value on the day. RLX Technology Inc ADR’s shares saw a change of -18.25% in year-to-date performance and have moved -6.03% in past 5-day. RLX Technology Inc ADR (NYSE:RLX) showed a performance of -0.91% in past 30-days. Number of shares sold short was 17.56 million shares which calculate 4.81 days to cover the short interests.
RLX Technology Inc ADR (RLX) estimates and forecasts
This year revenue growth is estimated to rise 66.70% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 104.3M for the same. And 2 analysts are in estimates of company making revenue of 104.52M in the next quarter. Company posted 59.51M and 73.23M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 90.13% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 76.24% while estimates for its earnings growth in next 5 years are of 12.71%.
RLX Technology Inc ADR (NYSE:RLX)’s Major holders
IDG CHINA VENTURE CAPITAL FUND V ASSOCIATES L.P. is the top institutional holder at RLX for having 60.07 million shares of worth $110.53 million. And as of 2024-06-30, it was holding 4.8081 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 31.75 million shares on 2024-06-30. The number of shares represents firm’s hold over 2.541 of outstanding shares, having a total worth of $58.41 million.
