How to Buy Rlx Technology Stock
Rlx Technology Inc
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 $2.15, down 1.83% from the previous day, and has increased 18.13% in one year. It has overperformed other stocks in the Tobacco industry by 0.01 percentage points. Rlx Technology stock is currently +43.33% from its 52-week low of $1.50, and -20.07% from its 52-week high of $2.69.
At the moment, there are 1.23B shares of RLX outstanding. The market value of RLX is $2.64B. In the last 24 hours, 2.05M 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.
Our preferred brokerage: eToro
Based on our experience, eToro is the best brokerage. Here's why:
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Get $10 towards your stock purchase by signing up for an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen the right brokerage, you'll need to fill out some personal details so you can buy RLX today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to start a new trading account.
- Submit your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've finished signing up on a good stock buying app, your next step is to transfer the money for your investment:
Check out the tutorial below to see the process of depositing money into your investment account.
Step 4: Evaluate Rlx Technology stock
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 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 29.86x, relative to Tobacco industry P/E ratio of 30.02x
- RLX could be undervalued based on its P/B ratio of 1.18x, relative to Tobacco industry P/B ratio of 10.11x
You can do additional valuation research on RLX's stock here.
Is RLX a healthy company?
Positive Health Checks:
- RLX has a low debt to equity ratio of 0.05.
- RLX earnings of $21.35M is not enough to cover its interest payments.
- There are more short-term assets than long-term liabilities on the RLX balance sheet.
- There are more short-term assets than short-term liabilities on the RLX balance sheet.
- RLX's operating cash flow of $145.86M allows it to safely service it's debt of $11.53M.
Negative Health Checks:
- RLX profit margin has gone down from 37.1% to 21.4% in the past year.
Do analysts think it's a good time to buy RLX stock
Out of 1 sell side analysts who give recommendations on RLX, the consensus analyst rating on Rlx Technology is a Hold
Please keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are forecasting on the Rlx Technology stock forecast page.
RLX Momentum
How are RLX Revenues/Earnings doing?
Last year, RLX earnings were $88.55M. In the last 3 year, RLX's earnings have grown by -92.52% per year. This was slower than the Tobacco industry average of 2.01%.
Last year, RLX revenue was $414.52M. In the past 4 year, RLX's revenue has gone up by -17.43% per year. This was slower than the Tobacco industry average of 2.14%.
Dive into RLX's earnings and revenue performance here.
Are RLX insiders buying or selling the stock?
Over the past year, executives and large shareholders at RLX have not bought or sold any shares.
Get more info about who owns RLX shares here.
Can I rely on RLX as an income stream?
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 top-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Place your RLX trade
You have two main options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually the best for newer investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a given price limit, place a limit order.
Click the Open Trade button and eToro will execute the order.
If you want more assistance investing in stocks on eToro, click the how to video below:
Step 6: Get notifications regarding your RLX position
Now that you own some RLX stock, you'll want to stay up-to-date on your new investment.
Make a watchlist to see the latest developments about your RLX stock.
RLX Feed
How to Buy Stock in Rlx Technology
To reiterate, here are the 6 steps to buy Rlx Technology stock:
- Decide where to buy Rlx Technology stock
- Create your brokerage account
- Fund your investment account
- Evaluate Rlx Technology stock
- Place your RLX trade
- Get notifications regarding your RLX position
If you need a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep an eye on your new investment in Rlx Technology, add RLX to your watchlist below.
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