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NYSE:RLX

RLX Technology (RLX) Stock Price, News & Analysis

RLX Technology logo
$1.96 0.00 (0.00%)
(As of 12/20/2024 05:31 PM ET)

About RLX Technology Stock (NYSE:RLX)

Key Stats

Today's Range
$1.94
$1.98
50-Day Range
$1.60
$2.00
52-Week Range
$1.50
$2.19
Volume
5.47 million shs
Average Volume
4.72 million shs
Market Capitalization
$3.08 billion
P/E Ratio
49.01
Dividend Yield
0.51%
Price Target
$2.76
Consensus Rating
Buy

Company Overview

RLX Technology Inc., together with its subsidiaries, engages in the manufacture and sale of e-vapor products in the People's Republic of China and internationally. It serves partner distributors and retail outlets. The company was founded in 2018 and is headquartered in Beijing, China.

RLX Technology Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
65th Percentile Overall Score

RLX MarketRank™: 

RLX Technology scored higher than 65% of companies evaluated by MarketBeat, and ranked 130th out of 291 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    RLX Technology has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    RLX Technology has received no research coverage in the past 90 days.

  • Read more about RLX Technology's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of RLX Technology is 49.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.04.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of RLX Technology is 49.01, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.33.

  • Price to Book Value per Share Ratio

    RLX Technology has a P/B Ratio of 1.40. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    1.48% of the float of RLX Technology has been sold short.
  • Short Interest Ratio / Days to Cover

    RLX Technology has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in RLX Technology has recently decreased by 10.42%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    RLX Technology has a dividend yield of 0.41%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    RLX Technology does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of RLX Technology is 25.00%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Read more about RLX Technology's dividend.
  • Percentage of Shares Shorted

    1.48% of the float of RLX Technology has been sold short.
  • Short Interest Ratio / Days to Cover

    RLX Technology has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in RLX Technology has recently decreased by 10.42%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    RLX Technology has a news sentiment score of 0.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Consumer Discretionary companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for RLX Technology this week, compared to 2 articles on an average week.
  • MarketBeat Follows

    1 people have added RLX Technology to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, RLX Technology insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    53.40% of the stock of RLX Technology is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 22.68% of the stock of RLX Technology is held by institutions.

  • Read more about RLX Technology's insider trading history.
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RLX Stock News Headlines

Rebounding RLX Plots Course Beyond China
We recommended Palantir in 2021, now we’re recommending this...
My research indicates there is only one investment that can meet AI's unprecedented demand for energy.
Q3 2024 RLX Technology Inc Earnings Call Transcript
RLX Technology Posts Strong Q3 Results, Boosts Dividend
Q3 2024 RLX Technology Inc Earnings Call
See More Headlines

RLX Stock Analysis - Frequently Asked Questions

RLX Technology's stock was trading at $2.00 at the beginning of the year. Since then, RLX stock has decreased by 2.0% and is now trading at $1.96.
View the best growth stocks for 2024 here
.

RLX Technology (RLX) raised $1 billion in an initial public offering (IPO) on Thursday, January 21st 2021. The company issued 116,500,000 shares at $8.00-$10.00 per share. Citigroup served as the underwriter for the IPO and China Renaissance was co-manager.

RLX Technology's top institutional investors include First Beijing Investment Ltd (1.81%), State Street Corp (0.34%), Adero Partners LLC (0.13%) and Point72 Hong Kong Ltd (0.08%).

Shares of RLX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that RLX Technology investors own include Meta Platforms (META), Alibaba Group (BABA), Advanced Micro Devices (AMD), NVIDIA (NVDA), Tesla (TSLA), Salesforce (CRM) and PayPal (PYPL).

Company Calendar

Ex-Dividend for 12/20 Dividend
12/06/2024
Dividend Payable
12/20/2024
Today
12/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Cigarettes
Sub-Industry
Tobacco Products
Fax
N/A
Employees
1,240
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$2.76
High Stock Price Target
$2.76
Low Stock Price Target
$2.76
Potential Upside/Downside
+40.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$75.26 million
Pretax Margin
30.73%

Debt

Sales & Book Value

Annual Sales
$2.16 billion
Cash Flow
$0.05 per share
Book Value
$1.40 per share

Miscellaneous

Outstanding Shares
1,570,791,000
Free Float
731,989,000
Market Cap
$3.08 billion
Optionable
Optionable
Beta
1.03
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This page (NYSE:RLX) was last updated on 12/22/2024 by MarketBeat.com Staff
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