7.14% percent quarterly performance for RLX Technology Inc ADR (RLX) is not indicative of the underlying story

RLX Technology Inc ADR (NYSE: RLX) on Friday, soared 1.12% from the previous trading day, before settling in for the closing price of $1.78. Within the past 52 weeks, RLX’s price has moved between $1.50 and $2.30.

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During the last 5-year period, the sales growth of Consumer Defensive Sector giant was 41.82%. The company achieved an average annual earnings per share of 76.86%. With a float of $881.80 million, this company’s outstanding shares have now reached $962.89 million.

Let’s determine the extent of company efficiency that accounts for 1235 employees. In terms of profitability, gross margin is 28.57%, operating margin of -10.23%, and the pretax margin is 33.59%.

RLX Technology Inc ADR (RLX) Insider Activity

Observing investor behavior towards Tobacco industry stocks is more important than anything else. The insider ownership of RLX Technology Inc ADR is 8.42%, while institutional ownership is 19.38%.

RLX Technology Inc ADR (RLX) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 76.86% 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

RLX Technology Inc ADR (RLX) is currently performing well based on its current performance indicators. A quick ratio of 12.31 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.78.

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)

Looking closely at RLX Technology Inc ADR (NYSE: RLX), its last 5-days average volume was 7.08 million, which is a jump from its year-to-date volume of 4.58 million. As of the previous 9 days, the stock’s Stochastic %D was 82.62%. Additionally, its Average True Range was 0.07.

During the past 100 days, RLX Technology Inc ADR’s (RLX) raw stochastic average was set at 66.67%, which indicates a significant decrease from 81.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.70% in the past 14 days, which was lower than the 49.62% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.6942, while its 200-day Moving Average is $1.8084. However, in the short run, RLX Technology Inc ADR’s stock first resistance to watch stands at $1.8231. Second resistance stands at $1.8461. The third major resistance level sits at $1.8823. If the price goes on to break the first support level at $1.7639, it is likely to go to the next support level at $1.7277. Should the price break the second support level, the third support level stands at $1.7047.

RLX Technology Inc ADR (NYSE: RLX) Key Stats

Market capitalization of the company is 1.73 billion based on 1,570,791K outstanding shares. Right now, sales total 175,220 K and income totals 75,260 K. The company made 107,770 K in profit during its latest quarter, and 23,610 K in sales during its previous quarter.