It is Poised to be a Bull Market for RLX Technology Inc ADR (RLX)

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.