A new trading day began on Friday, with RLX Technology Inc ADR (NYSE: RLX) stock price up 3.68% from the previous day of trading, before settling in for the closing price of $1.63. RLX’s price has ranged from $1.50 to $2.40 over the past 52 weeks.
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A company in the Consumer Defensive sector has jumped its sales by 41.82% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 78.10%. With a float of $881.80 million, this company’s outstanding shares have now reached $962.89 million.
In an organization with 1235 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 28.59%, operating margin of -14.62%, and the pretax margin is 39.81%.
RLX Technology Inc ADR (RLX) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Tobacco Industry. The insider ownership of RLX Technology Inc ADR is 8.42%, while institutional ownership is 19.37%.
RLX Technology Inc ADR (RLX) Performance Highlights and Predictions
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.32 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.7 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 78.10% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.71% during the next five years compared to 90.13% growth over the previous five years of trading.
RLX Technology Inc ADR (NYSE: RLX) Trading Performance Indicators
Here are RLX Technology Inc ADR’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 12.31. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.43.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.07, a number that is poised to hit 0.03 in the next quarter and is forecasted to reach 0.12 in one year’s time.
Technical Analysis of RLX Technology Inc ADR (RLX)
Let’s dig in a bit further. During the last 5-days, its volume was 4.45 million. That was inferior than the volume of 4.52 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 51.87%. Additionally, its Average True Range was 0.06.
During the past 100 days, RLX Technology Inc ADR’s (RLX) raw stochastic average was set at 42.22%, which indicates a significant decrease from 66.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.46% in the past 14 days, which was lower than the 47.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.6822, while its 200-day Moving Average is $1.8094. However, in the short run, RLX Technology Inc ADR’s stock first resistance to watch stands at $1.7467. Second resistance stands at $1.8033. The third major resistance level sits at $1.8567. If the price goes on to break the first support level at $1.6367, it is likely to go to the next support level at $1.5833. Assuming the price breaks the second support level, the third support level stands at $1.5267.
RLX Technology Inc ADR (NYSE: RLX) Key Stats
With a market capitalization of 1.63 billion, the company has a total of 1,570,791K Shares Outstanding. Currently, annual sales are 175,220 K while annual income is 75,260 K. The company’s previous quarter sales were 76,860 K while its latest quarter income was 18,210 K.
