At the time of writing, RLX Technology Inc ADR [RLX] stock is trading at $1.77, up 5.99%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The RLX shares have gain 7.27% over the last week, with a monthly amount drifted -1.67%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
RLX Technology Inc ADR [NYSE: RLX] stock has seen the most recent analyst activity on August 08, 2023, when UBS initiated its Buy rating and assigned the stock a price target of $2.60. Previously, BofA Securities started tracking the stock with Neutral rating on November 01, 2021, and set its price target to $6. On March 12, 2021, Citigroup initiated with a Buy rating and assigned a price target of $20 on the stock. China Renaissance started tracking the stock assigning a Buy rating and suggested a price target of $30 on February 22, 2021.
For the past year, the stock price of RLX Technology Inc ADR fluctuated between $1.44 and $2.40. RLX Technology Inc ADR [NYSE: RLX] shares were valued at $1.77 at the most recent close of the market.
Analyzing the RLX fundamentals
According to RLX Technology Inc ADR [NYSE:RLX], the company’s sales were 250.15M for trailing twelve months, which represents an 100.33% jump. Gross Profit Margin for this corporation currently stands at 0.29% with Operating Profit Margin at -0.15%, Pretax Profit Margin comes in at 0.4%, and Net Profit Margin reading is 0.37%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.03 and Total Capital is -0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.0.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.7300 points at the first support level, and at 1.6900 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.8000, and for the 2nd resistance point, it is at 1.8300.
Ratios To Look Out For
It is important to note that RLX Technology Inc ADR [NYSE:RLX] has a current ratio of 14.38. Further, the Quick Ratio stands at 14.25, while the Cash Ratio is 4.67. Considering the valuation of this stock, the price to sales ratio is 6.81, the price to book ratio is 0.79 and price to earnings (TTM) ratio is 25.95.
