Stock Performance And Forecast For RLX Technology Inc ADR

In the last trading session, 14.91 million RLX Technology Inc ADR (NYSE:RLX) shares changed hands as the company’s beta touched 1.00. With the company’s per share price at $1.98 changed hands at $0.03 or 1.54% during last session, the market valuation stood at $1.91B. RLX’s last price was a discount, traded about -16.16% off its 52-week high of $2.30. The share price had its 52-week low at $1.50, which suggests the last value was 24.24% up since then. When we look at RLX Technology Inc ADR’s average trading volume, we note the 10-day average is 8.36 million shares, with the 3-month average coming to 6.18 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.

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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 11.24%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -1.00%, with the 5-day performance at 11.24% in the green. However, in the 30-day time frame, RLX Technology Inc ADR (NYSE:RLX) is 21.47% up. Looking at the short shares, we see there were 17.43 million shares sold at short interest cover period of 2.13 days.

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 76.83%, 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 in January.

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.