RLX Technology Inc ADR (NYSE:RLX)’s traded shares stood at 7.01 million during the last session, with the company’s beta value hitting 0.99. At the close of trading, the stock’s price was $1.99, to imply a decrease of -1.49% or -$0.03 in intraday trading. The RLX share’s 52-week high remains $2.69, putting it -35.18% down since that peak but still an impressive 24.62% since price per share fell to its 52-week low of $1.50. The company has a valuation of $1.92B, with an average of 9.75 million shares in intraday trading volume over the past 10 days and average of 5.93 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for RLX Technology Inc ADR (RLX), translating to a mean rating of 1.50. Of 1 analyst(s) looking at the stock, 0 analyst(s) give RLX a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.
RLX Technology Inc ADR (NYSE:RLX) trade information
After registering a -1.49% downside in the last session, RLX Technology Inc ADR (RLX) has traded red over the past five days. The 5-day price performance for the stock is -15.32%, and -11.95% over 30 days. With these gigs, the year-to-date price performance is -7.87%. Short interest in RLX Technology Inc ADR (NYSE:RLX) saw shorts transact 11.47 million shares and set a 2.1 days time to cover.
RLX Technology Inc ADR (RLX) estimates and forecasts
The rating firms project that company’s revenue will grow 11.31% compared to the previous financial year.
Revenue forecast for the current quarter as set by 1 analysts is 815M.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 69.85% for the past 5-year period. While 2025 is set for a 91.55% return in earnings, projections for the next 5 years are at 35.57% annually.
RLX Dividends
RLX Technology Inc ADR has its next earnings report out on 2025-Mar-13. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. RLX Technology Inc ADR has a forward dividend ratio of 0.01, with the share yield ticking at 0.50% to continue the rising pattern observed over the past year.
RLX Technology Inc ADR (NYSE:RLX)’s Major holders
RLX Technology Inc ADR insiders hold 86.42% of total outstanding shares, with institutional holders owning 27.81% of the shares at 204.85% float percentage. In total, 27.81% institutions holds shares in the company, led by IDG CHINA VENTURE CAPITAL FUND V ASSOCIATES L.P.. As of 2024-06-30, the company held over 60.07 million shares (or 4.8881% of shares), all amounting to roughly $110.53 million.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 31.75 million shares, or about 2.541% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $58.41 million.
We also have Vanguard Total International Stock Index Fund and Vanguard Emerging Markets Stock Index Fund as the top two Mutual Funds with the largest holdings of the RLX Technology Inc ADR (RLX) shares. Going by data provided on Oct 31, 2024 , Vanguard Total International Stock Index Fund holds roughly 10.75 shares. This is just over 0.85% of the total shares, with a market valuation of $21.4 million. Data from the same date shows that the other fund manager holds a little less at 10.11, or 0.80% of the shares, all valued at about 20.12 million.
