With 2.11 million shares changed hands, the volume of the stock remained lighter than its average volume of 6.26 million shares. The 52-week range on RLX shows that it touched its highest point at $2.69 and its lowest point at $1.50 during that stretch. It currently has a 1-year price target of $2.77. With its current market cap of 1.65 billion, RLX has annualized dividend of $0.01 while the current yield stands at 0.55%. Beta for the stock currently stands at 1.02.
Price Performance and Earnings:
Three-month performance dropped to -19.20% while six-month performance rose 12.42%. The stock lost -12.98% in the past year, while it has lost -16.20% so far this year. A look at the trailing 12-month EPS for RLX yields 0.06 with Next year EPS estimates of 0.12. For the next quarter, that number is 0.02. This implies an EPS growth rate of 77.22% for this year and 16.82% for next year. EPS is expected to grow by 25.13% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 69.85%.
Float and Shares Shorts:
At present, 909.73 million RLX shares are outstanding with a float of 836.22 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RLX since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.74205 being high and $0.67359 being low. For RLX, this leads to a yearly average estimate of $0.7044.