In the last trading session, 28.78 million RLX Technology Inc ADR (NYSE:RLX) shares changed hands as the company’s beta touched 0.93. With the company’s per share price at $1.96 changed hands at -$0.3 or -13.27% during last session, the market valuation stood at $1.89B. RLX’s last price was a discount, traded about -37.24% 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 23.47% up since then. When we look at RLX Technology Inc ADR’s average trading volume, we note the 10-day average is 6.84 million shares, with the 3-month average coming to 5.27 million.
Analysts gave the RLX Technology Inc ADR (RLX) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.50. 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.
RLX Technology Inc ADR (NYSE:RLX) trade information
Instantly RLX was in red as seen at the end of in last trading. With action -11.31%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -9.26%, with the 5-day performance at -11.31% in the red. However, in the 30-day time frame, RLX Technology Inc ADR (NYSE:RLX) is -16.95% down. Looking at the short shares, we see there were 11.47 million shares sold at short interest cover period of 2.1 days.
RLX Technology Inc ADR (RLX) estimates and forecasts
Year-over-year growth is forecast to reach 11.31% up from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 815M. The company’s revenue for the corresponding quarters a year ago was 551.62M. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 47.75%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 69.85%. The 2025 estimates are for RLX Technology Inc ADR earnings to increase by 91.16%, but the outlook for the next 5-year period is at 33.12% per year.
RLX Dividends
RLX Technology Inc ADR is expected to release its next quarterly earnings report on 2025-Mar-13. The 0.51% annual yield figure for the share gives it an annual dividend of 0.01. It is important to note, however, that the 0.51% 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
If we look at who the major shareholders are, we find that insiders hold 86.42% of RLX Technology Inc ADR shares while 27.81% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 204.85%. There are 27.81% institutions holding the RLX Technology Inc ADR stock share, with IDG CHINA VENTURE CAPITAL FUND V ASSOCIATES L.P. the top institutional holder. As of 2024-06-30, the company held 4.8881% of the shares, roughly 60.07 million RLX shares worth $110.53 million.
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 $21.08 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 $19.82 million.
