Rlx Technology is a tobacco company located in China, which is part of the Consumer Defensive sector, and is traded under the ticker RLX on the NYSE exchange.
Rlx Technology stock last closed at $2.20, down 11.65% from the previous day, and has decreased 27.87% in one year. It has underperformed other stocks in the Tobacco industry by 0.22 percentage points. Rlx Technology stock is currently +144.17% from its 52-week low of $0.90, and -44.58% from its 52-week high of $3.97.
At the moment, there are 1.32B shares of RLX outstanding. The market value of RLX is $2.91B. In the last 24 hours, 10.09M RLX shares were traded.
How to Buy Rlx Technology Stock
Not sure how to invest in Rlx Technology stock? Here's how.
Decide where to buy Rlx Technology stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you decide where to buy Rlx Technology stock.
Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
Fund your investment account: Select your method of payment and add your information.
Evaluate Rlx Technology stock: The Rlx Technology ticker symbol is RLX. Is Rlx Technology stock a good investment? Should you buy shares of RLX? How do RLX's underlying business fundamentals look? Do top analysts think Rlx Technology is a good buy? Why has RLX's stock price moved recently? (Hint: Our stock market research tools can help you figure out if RLX is a good stock to buy).
Place your RLX trade: Decide if you will purchase RLX shares at the current market price or use a limit order to purchase RLX stock at a given price.
Get notifications regarding your RLX position: Create a watchlist to watch your new investment in Rlx Technology shares.
Step 1: Decide where to buy Rlx Technology stock
You need a brokerage account to access the NYSE market and buy RLX stock.
A brokerage account allows you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.
Our preferred brokerage: eToro
Based on our experience, eToro is the best brokerage. Here's why:
Invest in stocks with 0% commissions: Invest without paying trading commissions.
Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
Access to global markets: From Tech to Utilities, New York to London — you can fill your portfolio with stocks from the globe's leading stock exchanges.
Social investing: eToro has a community with more than 20 million users globally. Talk to, learn from, and copy the crypto trades of top investors.
Security: eToro is a regulated and licensed brokerage platform.
Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by signing up for an account with eToro now.
After you have figured out the best place to buy Rlx Technology stock, it's critical to evaluate their stock before you buy, so you truly understand the risk as well as the upside.
Rlx Technology Numbers
RLX Price
$2.20
1w %
-15.06%
1y %
-27.87%
5y %
N/A
P/E
9.73x
P/B
1.34x
P/S
3.03x
PEG
0.03x
Revenue
$959.27M
Earnings
$300.87M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$2.91B
Next Earnings
Mar 9, 2023
Next Dividend
N/A
RLX Due Diligence Checks
WallStreetZen was created to help part-time investors perform more in-depth fundamental analysis.
You can see all of the due diligence checks on RLX's stock page.
What is the fair value of RLX stock?
Analysts use many financial metrics, analyses, models, and charts to gauge RLX's fair value.
Using relative valuations measures:
RLX could be undervalued based on its P/E ratio of 9.73x, relative to Tobacco industry P/E ratio of 16.79x
RLX could be undervalued based on its P/B ratio of 1.34x, relative to Tobacco industry P/B ratio of 4.5x
RLX may be undervalued based on its PEG ratio of 0.03x
Last year, RLX earnings were $300.87M. During the past 2 year, RLX's earnings have grown by 513.73% per year. This was faster than the Tobacco industry average of 1.44%.
Last year, RLX revenue was $959.27M. In the past 2 year, RLX's revenue has gone up by 58.04% per year. This was faster than the Tobacco industry average of 3.77%.
No, Rlx Technology doesn't provide an income stream by paying out dividends.
RLX Social Trading Data
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your RLX trade
You have two main types of orders:
Market order: A market order is an order to buy or sell a stock at the best available price. Market orders are mostly fine for most investors.
Limit order: A limit order is an order to buy or sell a stock at a specific price (or better). If you want to be sure you're buying or selling at a particular dollar amount limit, use a limit order.
Click the Open button and your broker will place the order.
If you require more help with buying stocks on eToro, click the helpful video below:
How much does it cost to buy one Rlx Technology share?
As of Feb 3, 2023, it costs $2.20 to buy one share of Rlx Technology stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.455 shares of RLX.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.