RLX Technology Inc ADR (NYSE:RLX) saw an upside of 7.29% to $1.54 after adding $0.1 on Monday. The 5-day average trading volume is 3,158,351 shares of the company’s common stock. It has gained $1.5500 in the past week and touched a new high 4 times within the past 5 days. An average of 3,892,453 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 7,516,335.
RLX’s 1-month performance is 10.36% or $0.1200 on its low of $1.4100 reached on 09/21/23. The company’s shares have touched a 52-week low of $0.90 and high of $3.06, with the stock’s rally to the 52-week high happening on 04/03/23. YTD, RLX has lost -32.83% or -$0.7500 and has reached a new high 5 times. However, the current price is down -49.51% from the 52-week high price.
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Valuation Metrics
RLX stock has a beta of 0.81. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 6.22 while the price-to-book (PB) in the most recent quarter is 0.92.
RLX Technology Inc ADR’s quick ratio for the period ended June 29 was 17.01, with the current ratio over the same period at 17.17. In terms of profitability, the gross margin trailing 12 months is 47.19%. The trailing 12-month EBITDA margin is 23.25% while for the period ending June 29, RLX Technology Inc ADR’s operating margin was -18.32%. The firm’s gross profit as reported stood at $334.21 million against revenue of $765.54 million.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income shrunk -52.05% to $208.96 million, while revenue of $0.0 was 100.0% off the previous quarter. Analysts expected RLX to announce $0 per share in earnings in its latest quarter, but it posted $0.01. EBITDA for the quarter stood at more than $7.08 million. RLX stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 85.49 million, with total debt at $88.16 million.
Let’s look briefly at RLX Technology Inc ADR (RLX) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 September was 59.37% to suggest the stock is trending Neutral, with historical volatility in this time period at 51.43%.
The stock’s 5-day moving average is $1.4600, reflecting a +5.44% or $0.0800 change from its current price. RLX is currently trading +8.39% above its 20-day SMA, -36.48% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -9.36% and SMA200 by-40.15%.
Stochastic %K and %D was 36.11% and 21.96% and the average true range (ATR) pointed at 0.0779. The RSI (14) points at 54.14%, while the 14-day stochastic is at 87.50% with the period’s ATR at 0.0809. The stock’s 9-day MACD Oscillator is pointing at -0.0022 and -0.0079 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for RLX Technology Inc ADR (NYSE: RLX), UBS launched coverage with a Buy rating. Analysts offering their rating for RLX stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate RLX as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 4 have offered a “buy” rating.
What is RLX’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $15.32 and a high of $29.09, with their median price target at $17.35. Looking at these predictions, the average price target given by analysts is for RLX Technology Inc ADR (RLX) stock is $19.77.
