The price-to-earnings ratio for RLX Technology Inc ADR (NYSE: RLX) is above average at 33.09x, Company’s 36-month beta value is 0.96.Analysts have differing opinions on the stock, with 5 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for RLX is 881.80M, and currently, short sellers hold a 1.05% ratio of that floaft. The average trading volume of RLX on January 20, 2025 was 5.39M shares.
RLX) stock’s latest price update
RLX Technology Inc ADR (NYSE: RLX) has seen a rise in its stock price by 3.18 in relation to its previous close of 2.20. However, the company has experienced a 5.58% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2025-01-17 that RLX Technology is well-positioned to benefit from China’s shift to e-vapor, holding a dominant 60% market share and expanding globally. Strong 3Q24 results with 52% y/y revenue growth and improved margins; international markets like Japan and New Zealand show significant growth. Management expects mid-to-high single-digit Q/Q growth in overseas business for Q4 2024 and a 20%-30% CAGR over the next 2-3 years.
RLX’s Market Performance
RLX’s stock has risen by 5.58% in the past week, with a monthly rise of 15.82% and a quarterly rise of 35.93%. The volatility ratio for the week is 3.73% while the volatility levels for the last 30 days are 4.04% for RLX Technology Inc ADR The simple moving average for the last 20 days is 6.60% for RLX stock, with a simple moving average of 24.54% 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 17.08% 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 -1.73% of loss for the given period.
Volatility was left at 4.04%, however, over the last 30 days, the volatility rate increased by 3.73%, as shares surge +15.82% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +40.12% upper at present.
During the last 5 trading sessions, RLX rose by +5.58%, which changed the moving average for the period of 200-days by +23.37% in comparison to the 20-day moving average, which settled at $2.13. In addition, RLX Technology Inc ADR saw 5.09% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for RLX
Current profitability levels for the company are sitting at:
- -0.1 for the present operating margin
- 0.29 for the gross margin
The net margin for RLX Technology Inc ADR stands at 0.29. The total capital return value is set at -0.01. Equity return is now at value 4.04, with 3.87 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 28.43.
Currently, EBITDA for the company is -400.11 million with net debt to EBITDA at 14.72. When we switch over and look at the enterprise to sales, we see a ratio of 7.57. The receivables turnover for the company is 5.93for trailing twelve months and the total asset turnover is 0.14. The liquidity ratio also appears to be rather interesting for investors as it stands at 12.42.
Conclusion
In a nutshell, RLX Technology Inc ADR (RLX) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
