In the last trading session, 11.88 million RLX Technology Inc ADR (NYSE:RLX) shares changed hands as the company’s beta touched 0.91. With the company’s per share price at $1.79 changed hands at $0.08 or 4.68% during last session, the market valuation stood at $1.72B. RLX’s last price was a discount, traded about -34.08% off its 52-week high of $2.40. The share price had its 52-week low at $1.49, which suggests the last value was 16.76% up since then. When we look at RLX Technology Inc ADR’s average trading volume, we note the 10-day average is 6.35 million shares, with the 3-month average coming to 2.65 million.
Analysts gave the RLX Technology Inc ADR (RLX) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended RLX as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. RLX Technology Inc ADR’s EPS for the current quarter is expected to be 0.03.
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 was in green as seen at the end of in last trading. With action 4.07%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -10.50%, with the 5-day performance at 4.07% in the green. However, in the 30-day time frame, RLX Technology Inc ADR (NYSE:RLX) is 6.55% up. Looking at the short shares, we see there were 18.52 million shares sold at short interest cover period of 8.09 days.
RLX Technology Inc ADR (RLX) estimates and forecasts
Year-over-year growth is forecast to reach 69.10% up from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 105.79M. 2 analysts are of the opinion that RLX Technology Inc ADR’s revenue for the current quarter will be 106.02M. The company’s revenue for the corresponding quarters a year ago was 59.51M and 73.23M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 77.80%. The estimates for the next quarter sales put growth at 44.80%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 90.13%. The 2024 estimates are for RLX Technology Inc ADR earnings to increase by 74.05%, but the outlook for the next 5-year period is at 12.71% per year.
RLX Dividends
RLX Technology Inc ADR is expected to release its next quarterly earnings report on 2024-Nov-11. The 0.56% annual yield figure for the share gives it an annual dividend of 0.01. It is important to note, however, that the 0.56% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
RLX Technology Inc ADR (NYSE:RLX)’s Major holders
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 2.541% or 31.75 million shares worth $58.41 million as of 2024-06-30.
