RLX Technology Inc. (RLX) has experienced positive growth in its stock prices recently, with an increase of +0.81% in the last five trading sessions. The company’s stock prices have grown by +20.39% compared to its 20-day moving average of $2.37. The net margin for RLX Technology Inc. is at +27.30, and its total capital return value is 6.99. RLX Technology Inc.’s current profitability levels show present operating margin at +20.14 and gross margin at +43.66. Its capital structure generated 0.55 points at debt to equity in total, while the total debt to capital is 0.55. The liquidity ratio for investors stands at 14.18.
Analysts hold different views on whether to buy or hold RLX Technology Inc. stock. Despite the recent growth, RLX Technology Inc. is still trading at a significant distance from its 50-day moving average and its 52-week high. However, the company’s fundamentals remain stable, and there is potential for growth in the future.
RLX Technology Inc. (RLX) Stock Shows Positive Growth with Updated Data
RLX Technology Inc. (RLX) has seen a recent increase in its stock price, with a 0.81% rise in the past week, a 20.98% gain in the past month, and a 0.40% growth in the past quarter. The volatility ratio for the week is at 8.87%. Analysts predict the average price for RLX to be $39.09, which is $2.51 higher than its current market price. The public float for RLX stands at 381.09M, and currently, short sellers hold 4.71% of that float. On March 24, 2023, the average trading volume for RLX was 10.50M shares.
RLX Stock’s Latest Price Update
The stock price of RLX Technology Inc. (NYSE: RLX) has increased by 1.64 in comparison to its previous closing price of 2.44. However, the company has seen a 0.81% gain in its stock price over the last five trading sessions. According to a report by The Wall Street Journal, an investor sued Chinese E-Cigarette Maker RLX for allegedly misrepresenting risks.
Analysts’ Opinion of RLX
The stock of RLX Technology Inc. (RLX) has seen a 0.81% increase in the past week, with a 20.98% gain in the past month, and a 0.40% growth in the past quarter. The volatility ratio for the week is at 8.87%, and the volatility levels for the past 30 days are at 9.20%. RLX’s simple moving average for the last 20 days is 5.22%, and the simple moving average for the last 200 days is 29.53%.
Several brokerage firms have shared their reports for RLX stocks, with BofA Securities listing RLX as “Neutral” with a predicted price of $6, according to the research report published on November 01st of the previous year 2021. Citigroup expects to see RLX reach a price target of $20 and has given RLX stocks a “Buy” rating, as per the report published on March 12th, 2021. China Renaissance rated RLX as “Buy” and set the target price at $30 in the report published on February 22nd of the previous year.
RLX Trading at 3.66% from the 50-Day Moving Average
RLX has experienced positive growth in its stock price recently, despite stumbling in the market, which brought RLX to its lowest price over the last 52 weeks, resulting in a loss of 18.95% for the given period. While volatility levels remained at 9.20%, over the last 30 days, the volatility rate has increased by 8.87%, with shares surging 16.43% for the moving average over the last 20 days. However, over the last 50 days, the stock is trading 2.75% lower at present.
RLX Technology Inc. (RLX) Sees Incremental Growth in Stock Prices with Stable Fundamentals
Over the last five trading sessions, RLX Technology Inc. (RLX) saw an increase of +0.81% in its stock prices. This change in moving average for the period of 200-days has brought about a +20.39% difference in comparison to the 20-day moving average, which currently sits at $2.37. Despite this, RLX has only seen 7.83% in overturn over a year, with a tendency to cut further gains.
Stock Fundamentals for RLX
RLX Technology Inc.’s current profitability levels are:
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Present operating margin at +20.14
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Gross margin at +43.66
The net margin for RLX stands at +27.30, with a total capital return value of 6.99, invested capital returns reaching 9.77, equity returns at 15.10, and asset returns at 13.00. According to RLX’s capital structure, it generated 0.55 points at debt to equity in total, with a total debt to capital of 0.55. Meanwhile, total debt to assets stands at 0.52, with a long-term debt to equity ratio at 0.26. Finally, the long-term debt to capital ratio is at 0.26.
Looking at the enterprise to sales ratio, RLX has a ratio of 1.92, and the company’s debt to enterprise value is settled at 0.01. Investors are also interested in the liquidity ratio, which is at 14.18.
Conclusion
In conclusion, RLX Technology Inc. (RLX) has experienced positive growth in its stock prices recently, with analysts having varying opinions on whether to buy or hold. It’s important to note that RLX is currently trading at a significant distance from its 50-day moving average and its 52-week high. Nonetheless, RLX’s fundamentals remain stable, indicating the potential for growth in the future.
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