The stock of RLX Technology Inc ADR (NYSE: RLX) has increased by 4.78 when compared to last closing price of 1.78.Despite this, the company has seen a gain of 4.78% in its stock price over the last five trading days. Seeking Alpha reported 2024-03-15 that RLX Technology Inc. (RLX) Q4 2023 Earnings Call Transcript
Is It Worth Investing in RLX Technology Inc ADR (NYSE: RLX) Right Now?
The price-to-earnings ratio for RLX Technology Inc ADR (NYSE: RLX) is above average at 33.97x, Company’s 36-month beta value is 0.95.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for RLX is 921.16M, and currently, short sellers hold a 4.15% ratio of that floaft. The average trading volume of RLX on April 22, 2024 was 5.99M shares.
RLX’s Market Performance
The stock of RLX Technology Inc ADR (RLX) has seen a 4.78% increase in the past week, with a -10.34% drop in the past month, and a 5.37% gain in the past quarter. The volatility ratio for the week is 2.97%, and the volatility levels for the past 30 days are at 3.38% for RLX. The simple moving average for the last 20 days is 1.17% for RLX’s stock, with a simple moving average of 4.80% for the last 200 days.
Analysts’ Opinion of RLX
Many brokerage firms have already submitted their reports for RLX stocks, with UBS repeating the rating for RLX by listing it as a “Buy.” The predicted price for RLX in the upcoming period, according to UBS is $2.60 based on the research report published on August 08, 2023 of the previous year 2023.
BofA Securities, on the other hand, stated in their research note that they expect to see RLX reach a price target of $6. The rating they have provided for RLX stocks is “Neutral” according to the report published on November 01st, 2021.
Citigroup gave a rating of “Buy” to RLX, setting the target price at $20 in the report published on March 12th of the previous year.
RLX Trading at -2.55% from the 50-Day Moving Average
After a stumble in the market that brought RLX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -31.93% of loss for the given period.
Volatility was left at 3.38%, however, over the last 30 days, the volatility rate increased by 2.97%, as shares sank -9.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.36% upper at present.
During the last 5 trading sessions, RLX rose by +4.78%, which changed the moving average for the period of 200-days by +13.03% in comparison to the 20-day moving average, which settled at $1.8332. In addition, RLX Technology Inc ADR saw -6.75% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for RLX
Current profitability levels for the company are sitting at:
- -0.37 for the present operating margin
- 0.28 for the gross margin
The net margin for RLX Technology Inc ADR stands at 0.39. The total capital return value is set at -0.03. Equity return is now at value 3.32, with 3.16 for asset returns.
Based on RLX Technology Inc ADR (RLX), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at -3.63. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is 1.68.
Currently, EBITDA for the company is -415.3 million with net debt to EBITDA at 4.35. When we switch over and look at the enterprise to sales, we see a ratio of 11.39. The receivables turnover for the company is 19.97for trailing twelve months and the total asset turnover is 0.08. The liquidity ratio also appears to be rather interesting for investors as it stands at 13.44.
Conclusion
In a nutshell, RLX Technology Inc ADR (RLX) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
