RLX Technology Inc ADR (NYSE:RLX) has a beta value of 1.00 and has seen 2.21 million shares traded in the recent trading session. The company, currently valued at $1.90B, closed the recent trade at $1.98 per share which meant it gained $0.05 on the day or 2.33% during that session. The RLX stock price is -16.16% off its 52-week high price of $2.30 and 24.24% 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 6.94 million shares traded. The 3-month trading volume is 5.82 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 0.2.
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RLX Technology Inc ADR (NYSE:RLX) trade information
Over the past 30 days, the shares of RLX Technology Inc ADR (NYSE:RLX) have changed 18.26%. Short interest in the company has seen 17.43 million shares shorted with days to cover at 2.13.
RLX Technology Inc ADR (RLX) estimates and forecasts
The company’s shares have gained 3.40% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 69.63%.
1 analysts offering their estimates for the company have set an average revenue estimate of 794M for the current quarter.
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 77.08% 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 in December 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 0.51%. 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.
Also the top two Mutual Funds that are holding company’s shares are Vanguard International Stock Index-Total Intl Stock Indx and Vanguard International Stock Index-Emerging Markets Stk. As of Jul 31, 2024, the former fund manager holds about 0.91% shares in the company for having 11.46 shares of worth $22.58 million while later fund manager owns 10.82 shares of worth $21.31 million as of Jul 31, 2024, which makes it owner of about 0.86% of company’s outstanding stock.
