In the latest trading session, 2.75 million RLX Technology Inc ADR (NYSE:RLX) shares changed hands as the company’s beta touched 0.95. With the company’s most recent per share price at $2.34 changing hands around $0.08 or 3.67% at last look, the market valuation stands at $2.26B. RLX’s current price is a discount, trading about -14.96% off its 52-week high of $2.69. The share price had its 52-week low at $1.50, which suggests the last value was 35.9% up since then.
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 0.2.
RLX Technology Inc ADR (NYSE:RLX) trade information
Instantly RLX is in green as seen in intraday trades today. With action 3.67%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 8.47%, with the 5-day performance at 3.67% in the green. However, in the 30-day time frame, RLX Technology Inc ADR (NYSE:RLX) is 10.52% up.
RLX Technology Inc ADR (RLX) estimates and forecasts
Year-over-year growth is forecast to reach 69.63% 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 764.69M. The company’s revenue for the corresponding quarters a year ago was 520.47M. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 46.92%.
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 2025 estimates are for RLX Technology Inc ADR earnings to increase by 75.22%, but the outlook for the next 5-year period is at 34.79% per year.
RLX Dividends
RLX Technology Inc ADR is expected to release its next quarterly earnings report in March. The 0.43% annual yield figure for the share gives it an annual dividend of 0.01. It is important to note, however, that the 0.43% 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.
Among Mutual Funds, the top two as of Oct 31, 2024 were Vanguard International Stock Index-Total Intl Stock Indx and Vanguard International Stock Index-Emerging Markets Stk. With 10.75 shares estimated at $25.49 million under it, the former controlled 0.85% of total outstanding shares. On the other hand, Vanguard International Stock Index-Emerging Markets Stk held about 0.80% of the shares, roughly 10.11 shares worth around $23.96 million.
