RLX Technology Inc. (NYSE: RLX) kicked off on June 22, 2022, at the price of $2.25, down -5.68% from the previous trading day. During the day, the shares moved up to $2.26 and dropped to $2.16 before settling in for the closing price of $2.29. Over the past 52 weeks, RLX has traded in a range of $1.16-$9.44.
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While this was happening, its average annual earnings per share was recorded 144.40%. With a float of $581.22 million, this company’s outstanding shares have now reached $1.34 billion.
In an organization with 1235 employees, it is important to assess its efficiency. In terms of profitability, gross margin is +43.09, operating margin of +26.98, and the pretax margin is +31.21.
RLX Technology Inc. (RLX) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Tobacco Industry. The insider ownership of RLX Technology Inc. is 39.34%, while institutional ownership is 32.00%.
RLX Technology Inc. (RLX) Latest Financial update
In the latest quarterly report, which was put into the public domain on 12/30/2020, the organization reported $0.05 earnings per share (EPS), higher than consensus estimate (set at $0.04) by $0.01. This company achieved a net margin of +23.76 while generating a return on equity of 26.70. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 144.40% per share during the next fiscal year.
RLX Technology Inc. (NYSE: RLX) Trading Performance Indicators
Take a look at RLX Technology Inc.’s (RLX) current performance indicators. Last quarter, stock had a quick ratio of 4.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.96.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.33 and is forecasted to reach 0.31 in one year’s time.
Technical Analysis of RLX Technology Inc. (RLX)
Let’s dig in a bit further. During the last 5-days, its volume was 7.38 million. That was inferior than the volume of 12.34 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 48.21%. Additionally, its Average True Range was 0.19.
During the past 100 days, RLX Technology Inc.’s (RLX) raw stochastic average was set at 35.59%, which indicates a significant decrease from 47.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 95.71% in the past 14 days, which was lower than the 136.00% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.00, while its 200-day Moving Average is $3.41. However, in the short run, RLX Technology Inc.’s stock first resistance to watch stands at $2.23. Second resistance stands at $2.29. The third major resistance level sits at $2.33. If the price goes on to break the first support level at $2.13, it is likely to go to the next support level at $2.09. The third support level lies at $2.03 if the price breaches the second support level.
RLX Technology Inc. (NYSE: RLX) Key Stats
The company with the Market Capitalisation of 3.46 billion has total of 1,553,316K Shares Outstanding. Its annual sales at the moment are 1,337 M in contrast with the sum of 317,720 K annual income. Company’s last quarter sales were recorded 270,450 K and last quarter income was 111,260 K.