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Riding the Waves: A Guide to Investing in RLX Stock

ALXO Stock

RLX Technology Inc ADR experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $2.40 on 11/21/23, while the lowest price for the same period was registered at $1.41 on 09/21/23.

52-week price history of RLX Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. RLX Technology Inc ADR’s current trading price is -30.00% away from its 52-week high, while its distance from the 52-week low is 19.15%. The stock’s price range during this period has spanned from $1.41 to $2.40. In the Consumer Defensive sector, the RLX Technology Inc ADR’s shares surpassed a trading volume of approximately 2.12 million for the day, which was noticeably higher compared to the average daily volume of 9.2.07 million over the past three months.

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Market Capitalization and Financial Performance: An In-Depth Look

RLX Technology Inc ADR (RLX) has experienced a quarterly decline of -11.11% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.62B and boasts a workforce of 1235 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 1.8200, with a change in price of -0.0800. Similarly, RLX Technology Inc ADR recorded 2,640,010 in trading volume during the last 100 days, posting a change of -4.55%.

Examining RLX’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the 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

Today’s raw stochastic average for RLX Technology Inc ADR over the last 50 days is 45.00%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 54.55%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 53.54% and 54.88%, respectively.

RLX Stock Price Performance Analysis

Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Until today this year the stock’s price performance recorded a decrease of -16.00%. However, over the last six months, the performance has been stronger by -11.58%. The price of RLX increased 5.66% over the last 30 days. And in the last five days, it has surged by 3.70%.

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