Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. RLX Technology Inc ADR’s current trading price is -13.91% away from its 52-week high, while its distance from the 52-week low is 32.00%. The stock’s price range during this period has varied between $1.50 and $2.30. The company, active in the Consumer Defensive sector, saw a trading volume of around 14.91 million for the day, considerably higher average daily volume of 6.18 million observed over the last three months.
RLX Technology Inc ADR’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $2.30 on 11/30/23, and the lowest price during that time was $1.50, recorded on 08/08/24.
How Financial Performance Impacts Market Capitalization
RLX Technology Inc ADR (RLX) has experienced a quarterly rise of 17.16% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.91B and boasts a workforce of 1235 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 1.7070, with a change in price of +0.1700. Similarly, RLX Technology Inc ADR recorded 4,668,058 in trading volume during the last 100 days, posting a change of +9.39%.
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
As of today, the raw stochastic average of RLX Technology Inc ADR over the last 50 days is at 75.93%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 75.93%. Further, the company’s Stochastic %K and %D values for the last 20 days were 87.10% and 90.94%, 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 -1.00%. However, over the last six months, the performance has been weaker by 4.76%. The price of RLX increased 21.47% over the last 30 days. And in the last five days, it has surged by 11.24%.
