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How Does RLX Technology Inc - ADR (RLX) Stock Rank on Wall Street Thursday?

Thursday, June 16, 2022 10:16 AM | InvestorsObserver Analysts

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How Does RLX Technology Inc - ADR (RLX) Stock Rank on Wall Street Thursday?

Wall Street is neutral on RLX Technology Inc - ADR (RLX). On average, analysts give RLX a Hold rating. The average price target is $1.501, which means analysts expect the stock to lose by -27.49% over the next twelve months. That average ranking earns RLX an Analyst Rating of 4, which is better than 4% of stocks based on data compiled by InvestorsObserver.

Overall Score - 3
Wall Street analysts are rating RLX a Hold today. Find out what this means to you and get the rest of the rankings on RLX!

Why are Analyst Ratings Important?

Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported. InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.

What's Happening With RLX Technology Inc - ADR Stock Today?

RLX Technology Inc - ADR (RLX) stock is trading at $2.07 as of 10:14 AM on Thursday, Jun 16, a decline of -$0.12, or -5.71% from the previous closing price of $2.19. The stock has traded between $2.05 and $2.15 so far today. Volume today is low. So far 1,475,695 shares have traded compared to average volume of 8,582,682 shares. Click Here to get the full Stock Report for RLX Technology Inc - ADR stock.

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