The price of RLX Technology Inc ADR (NYSE:RLX) shares last traded on Wall Street fell -3.55% to $1.63.
RLX stock price is now -3.80% away from the 50-day moving average and -11.19% away from the 200-day moving average. The market capitalization of the company currently stands at $1.57B.
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With the price target of $2.60, UBS recently initiated with Buy rating for RLX Technology Inc ADR (NYSE: RLX). On November 01, 2021, BofA Securities recently initiated its ‘Neutral’ rating on the stock quoting a target price of $6, while ‘Citigroup’ rates the stock as ‘Buy’
A total of 8.47% of the company’s stock is owned by insiders.
During the past 12 months, RLX Technology Inc ADR has had a low of $1.50 and a high of $2.40. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 14.38, and a quick ratio of 14.25. According to the stock market information, the enterprise value for the company is -$6259923456, which is based on a 23.90 price-to-earnings ratio, a 1.88 price-to-earnings-growth ratio, and a beta of 0.90. The fifty day moving average price for RLX is $1.6944 and a two-hundred day moving average price translates $1.8354 for the stock.
The latest earnings results from RLX Technology Inc ADR (NYSE: RLX) was released for 2024-06-30. The net profit margin was 35.88% and return on equity was 4.11% for RLX. The company reported revenue of $76.86 million for the quarter, compared to $37.27 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 106.22 percent.
