In the last trading session, 5.72 million RLX Technology Inc ADR (NYSE:RLX) shares changed hands as the company’s beta touched 0.90. With the company’s per share price at $1.65 changed hands at $0.02 or 1.23% during last session, the market valuation stood at $1.59B. RLX’s last price was a discount, traded about -45.45% off its 52-week high of $2.40. The share price had its 52-week low at $1.50, which suggests the last value was 9.09% up since then. When we look at RLX Technology Inc ADR’s average trading volume, we note the 10-day average is 6.87 million shares, with the 3-month average coming to 4.38 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.
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RLX Technology Inc ADR (NYSE:RLX) trade information
Instantly RLX was in green as seen at the end of in last trading. With action -6.25%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -17.50%, with the 5-day performance at -6.25% in the red. However, in the 30-day time frame, RLX Technology Inc ADR (NYSE:RLX) is -1.20% down. Looking at the short shares, we see there were 17.56 million shares sold at short interest cover period of 4.81 days.
RLX Technology Inc ADR (RLX) estimates and forecasts
Year-over-year growth is forecast to reach 67.10% 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 104.55M. 2 analysts are of the opinion that RLX Technology Inc ADR’s revenue for the current quarter will be 104.77M. 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 75.70%. The estimates for the next quarter sales put growth at 43.10%.
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 75.81%, 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.
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.
Among Mutual Funds, the top two as of Jul 31, 2024 were Vanguard International Stock Index-Total Intl Stock Indx and Vanguard International Stock Index-Emerging Markets Stk . With 11.46 shares estimated at $18.91 million under it, the former controlled 0.91% of total outstanding shares. On the other hand, Vanguard International Stock Index-Emerging Markets Stk held about 0.86% of the shares, roughly 10.82 shares worth around $17.85 million.
