With 4.41 million shares changed hands, the volume of the stock remained lighter than its average volume of 5.5 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 $3.12. With its current market cap of 2.20 billion, RLX has annualized dividend of $0.01 while the current yield stands at 0.44%. Beta for the stock currently stands at 0.92.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of RLX was down-trending over the past week, with a drop of -0.87%, but this was up by 2.70% over a month. Three-month performance surged to 18.13% while six-month performance rose 40.74%. The stock gained 15.15% in the past year, while it has gained 5.56% so far this year. A look at the trailing 12-month EPS for RLX yields 0.07 with Next year EPS estimates of 0.12. For the next quarter, that number is 0.03. This implies an EPS growth rate of 76.12% for this year and 20.32% for next year. EPS is expected to grow by 35.02% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 90.13%.
Float and Shares Shorts:
At present, 962.89 million RLX shares are outstanding with a float of 885.08 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. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
