RLX Technology Inc ADR (RLX) Stock: A Year of Market Fluctuations

A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. RLX Technology Inc ADR’s current trading price is -34.64% away from its 52-week high, while its distance from the 52-week low is 43.88%. The stock’s price range for this time frame has been between $1.39 and $3.06. The trading volume of the company’s shares in the Consumer Defensive reached around 9.18 million for the day, which was evidently higher than the average daily volume of 5.1 million over the last three months.

The current stock price for RLX Technology Inc ADR (RLX) is $2.00. The stock experienced a significant increase during the last trading session, reaching $2.07 after opening at $2.02. It dipped to a low of $1.97 before ultimately closing at $2.03.

The stock market performance of RLX Technology Inc ADR has been very steady. Over the last year, the company’s stock hit its highest at $3.06 on 12/05/22, while the lowest price during the same time frame was $1.39, recorded on 08/24/23.

How Financial Performance Impacts Market Capitalization

RLX Technology Inc ADR (RLX) has experienced a quarterly rise of 34.23% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.01B and boasts a workforce of 707 employees.

The Role of Moving Averages and Trading Volume in Technical Analysis

Based on Barchart.com data, the company’s moving average over the 100-day period was 1.60, with a change in price of +0.22. Similarly, RLX Technology Inc ADR recorded 6,423,639 in trading volume during the last 100 days, posting a change of +12.36%.

How RLX’s Debt-to-Equity Ratio Affects Financial Health

A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for RLX stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.

RLX Stock Stochastic Average

RLX Technology Inc ADR’s raw stochastic average for the past 50 days is currently at 86.76%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 83.33%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 87.04% and 84.57%, respectively.

RLX Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant loss of -13.04% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -13.42%. Over the past 30 days, the price of RLX has fallen by 25.79%. And in the last five days, it has surged by 21.95%.

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