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RLX: Riding the Market Waves of Growth and Decline in 2023

PNC Stock

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a loss of -11.50%.However, over the last six months, we can see a stronger performance of -1.67%. Over the last 30 days, the price of RLX has fallen by 5.36%. And in the last five days, it has surged by 5.36%.

RLX Technology Inc ADR experienced a rather steady stock market performance. The highest value in the past year was recorded at $2.40 on 11/21/23 and the lowest value was $1.49 on 10/05/23.

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52-week price history of RLX Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. RLX Technology Inc ADR’s current trading price is -26.25% away from its 52-week high, while its distance from the 52-week low is 18.79%. The stock’s price range during this period has varied between$1.49 and $2.40. The RLX Technology Inc ADR’s shares, which operate in the Consumer Defensive, saw a trading volume of around 12.66 million for the day, a figure considerably higher than their average daily volume of 3.35 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

RLX Technology Inc ADR (RLX) has experienced a quarterly decline of -2.21% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.70B and boasts a workforce of 1235 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 1.7781, with a change in price of -0.2350. Similarly, RLX Technology Inc ADR recorded 3,248,348 in trading volume during the last 100 days, posting a change of -11.58%.

RLX’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of 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 presently 65.56%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 50.00%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 63.92% and 55.99%, respectively.

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