RLX Technology Inc ADR (NYSE:RLX) shares traded 3.68% higher at $1.69 on Wall Street last session.
RLX stock price is now 0.46% away from the 50-day moving average and -6.60% away from the 200-day moving average. The market capitalization of the company currently stands at $1.63B.
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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 8.42% 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 12.42, and a quick ratio of 12.31. According to the stock market information, the enterprise value for the company is -$6186191360, which is based on a 24.64 price-to-earnings ratio, a 1.94 price-to-earnings-growth ratio, and a beta of 0.92. The fifty day moving average price for RLX is $1.6822 and a two-hundred day moving average price translates $1.80935 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 29.78% and return on equity was 4.04% 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.
