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 $1.86, up 1.64% from the previous day, and has decreased 4.12% in one year. It has overperformed other stocks in the Tobacco industry by 0.13 percentage points. Rlx Technology stock is currently +24% from its 52-week low of $1.50, and -30.86% from its 52-week high of $2.69.
At the moment, there are 1.57B shares of RLX outstanding. The market value of RLX is $2.92B. In the last 24 hours, 3.96M 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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- 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. 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 overvalued based on its P/E ratio of 30.49x, relative to Tobacco industry P/E ratio of 27.58x
- RLX could be undervalued based on its P/B ratio of 1.34x, relative to Tobacco industry P/B ratio of 9.45x
- RLX may be undervalued based on its PEG ratio of 0.64x
You can access more valuation research on RLX's stock here.
RLX Financial Health Overview
Positive Health Checks:
- RLX's operating cash flow of $116.87M allows it to safely service it's debt of $8.00M.
- There are more short-term assets than short-term liabilities on the RLX balance sheet.
- RLX earnings of $4.09M is not enough to cover its interest payments.
- RLX has a low debt to equity ratio of 0.06.
- There are more short-term assets than long-term liabilities on the RLX balance sheet.
- Total RLX debt is lower than 5 years ago, relative to shareholder equity.
Negative Health Checks:
- RLX profit margin has gone down from 33.7% to 20.1% in the past year.
Is RLX stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 Equities analysts who monitor RLX, the consensus analyst rating on Rlx Technology is a Hold
Please keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Rlx Technology stock forecast page.
RLX Technical Indicators
RLX Performance Metrics
Last year, RLX earnings were $75.49M. Over the past 5 year, RLX's earnings have grown by 64.92% per year. This was faster than the Tobacco industry average of 3.31%.
Last year, RLX revenue was $376.00M. In the past 5 year, RLX's revenue has grown by 11.21% per year. This was faster than the Tobacco industry average of 2.28%.
Dive into RLX's earnings and revenue performance here.
What are RLX executives and large shareholders up to?
Over the last 12 months, insiders at RLX have not bought or sold any shares.
Get more info about who owns RLX stock here.
Does RLX stock generate passive income?
No, Rlx Technology doesn't provide an income stream by paying out dividends.
RLX Social Trading Data
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Place your RLX trade
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally fine. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a given price, use a limit order.
Hit the Open Trade button and eToro will place your order.
If you need additional help buying stocks on eToro, watch the how to video below:
Step 6: Get notifications regarding your RLX position
Now that you own some shares in RLX, you'll want to stay up-to-date on your new investment.
Create a watchlist to get notified of the latest news about your RLX stock.
RLX Feed
How to Buy Stock in Rlx Technology
To reiterate, here are the 6 steps to buy stock in Rlx Technology:
- 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 require a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get updates on your new investment in Rlx Technology, create a watchlist on WallStreetZen today.
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