RLX Technology Inc ADR (NYSE:RLX) has a beta value of 0.91 and has seen 2.3 million shares traded in the recent trading session. The company, currently valued at $1.57B, closed the recent trade at $1.63 per share which meant it gained $0.01 on the day or 0.93% during that session. The RLX stock price is -47.24% off its 52-week high price of $2.40 and 7.98% above the 52-week low of $1.50. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.4 million shares traded. The 3-month trading volume is 4.81 million shares.
The consensus among analysts is that RLX Technology Inc ADR (RLX) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.03.
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RLX Technology Inc ADR (NYSE:RLX) trade information
Sporting 0.93% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the RLX stock price touched $1.63 or saw a rise of 2.98%. Year-to-date, RLX Technology Inc ADR shares have moved -18.25%, while the 5-day performance has seen it change -2.10%. Over the past 30 days, the shares of RLX Technology Inc ADR (NYSE:RLX) have changed -12.57%. Short interest in the company has seen 17.76 million shares shorted with days to cover at 2.05.
RLX Technology Inc ADR (RLX) estimates and forecasts
The company’s shares have lost -18.25% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 66.60%.
2 analysts offering their estimates for the company have set an average revenue estimate of 104.25M for the current quarter. 2 have an estimated revenue figure of 104.47M for the next ending quarter. Year-ago sales stood 59.51M and 73.23M respectively for this quarter and the next, and analysts expect sales will grow by 75.20% for the current quarter and 66.60% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 90.13% over the past 5 years. Earnings growth for 2024 is a modest 74.81% while over the next 5 years, the company’s earnings are expected to increase by 12.71%.
RLX Dividends
RLX Technology Inc ADR is expected to release its next earnings report on 2024-Nov-11 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.01 at a share yield of 0.61%. The company’s dividend yield has gone up over the past 12 months.
RLX Technology Inc ADR (NYSE:RLX)’s Major holders
The top two institutional holders are IDG CHINA VENTURE CAPITAL FUND V ASSOCIATES L.P. with over 60.07 million shares worth more than $110.53 million. As of 2024-06-30, IDG CHINA VENTURE CAPITAL FUND V ASSOCIATES L.P. held 4.8081% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 31.75 million shares as of 2024-06-30. The firm’s total holdings are worth over $58.41 million and represent 2.541% of shares outstanding.
