It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for RLX Technology Inc. (RLX) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.03, or -1.11%, to $2.67. The RLX Technology Inc. has recorded 8,555 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that RLX Technology Upgraded to ‘A’ by MSCI ESG Rating, Ahead of Its Global Peers.
RLX Technology Inc. is listed on the NYSE in the Consumer Defensive sector while operating in the Tobacco industry. At the end of the last regular session, the stock closed at $2.70 and fluctuated between $2.7150 as its day high and $2.4900 as its day low. The current market capitalization of RLX Technology Inc. is $4.36B. A total of 8.12 million shares were traded on the day, compared to an average of 16.27M shares.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for RLX in the last 3 months, the mean price target is $42.11 with high estimates of $65.81 and low estimates of $18.41. In terms of 52-week highs and lows, RLX has a high of $4.01 and a low of $0.90.
As of this writing, RLX has an earnings estimate of $0 per share for the current quarter. EPS was calculated based on a consensus of 0 estimates, with a high estimate of $0 per share and a lower estimate of $0.
Balance Sheet Annually/Quarterly
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. RLX’s latest balance sheet shows that the firm has $12.85B in Cash & Short Term Investments as of fiscal 2021. There were $184.81M in debt and $2.74B in liabilities at the time. Its Book Value Per Share was $1.71, while its Total Shareholder’s Equity was $13.52B.
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 2 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for RLX is Buy with a score of 0.00. A total of 2 analysts rated the stock as Buy while 0 rated it as Overweight while 0 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.