Is RLX Technology (NYSE:RLX) A Risky Investment?

RLX Technology Inc. (NYSE:RLX) makes use of debt to fund its growth. The company has CN¥41.1m of debt, but its balance sheet shows it has a surplus of cash. Debt can be a good tool for companies to replace dilution with. In the last year RLX Technology had a loss before interest and tax, and shrunk its revenue by 76%. The company does not have a heavy debt load but is considered to be risky.

Weekly Report: what happened at RLX last week (0415-0419)?

Rlx Technology’s Bold Strategy: Navigating Risks and Rewards of Acquisitions and Alliances

Rlx Technology, Inc. Faces considerable risk as it pursues acquisitions, investments, and strategic alliances. The average RLX stock price target is $2.48, implying 39.33% upside potential. The company has disclosed a new risk in the Corporate Activity and Growth category.

RLX Technology Files 2023 Annual Report on Form 20-F

RLX Technology Inc. Filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission on April 19, 2024. The annual report can be accessed on the SEC's website. RLX Technology is a leading global branded e-vapor company.

RLX Technology Submits Annual Financial Report

Weekly Report: what happened at RLX last week (0408-0412)?

Weekly Report: what happened at RLX last week (0401-0405)?

Weekly Report: what happened at RLX last week (0325-0329)?

Weekly Report: what happened at RLX last week (0318-0322)?

RLX Technology Reports Strong Q4 Recovery

RLX Technology, Inc. Has reported a leap in net income to RMB216.0 million in Q4 2023 from a net loss in the same period last year. The company cited international expansion as a key growth driver. RLX stock is down 2% in the past week.

RLX: Focus On Both Q4 Results And Outlook (Rating Upgrade)

RLX Technology Inc.'s Q4 2023 results surpassed expectations due to its expansion into new geographical markets and good cost control. RLX Technology isn't deserving of a Buy rating. The company's prospects for the future are mixed and its FY 2024 outlook is murky. I upgrade my rating for RLX from a Sell to a Hold.

RLX Technology Inc.'s (NYSE:RLX) CEO Wang Ying is the most upbeat insider, and their holdings increased by 4.3% last week

RLX Technology Inc. (NYSE:RLX) has 42% of the company's shares held by insiders. The top 6 shareholders of RLX Technology hold more than half of the stock. The company is owned by institutional investors, but there are also large shareholders in the company. 50% of RLx Technology is held by the top six shareholders of the business. This suggests the company has a strong influence over the share price. We look at the insider ownership of RL X Technology and its growth.

SNDL, RLX among consumer staples movers

On the Move Consumer SNDL, RLX among consumer staples movers. S&P 500 Consumer Staples Sector +0.78% to 805.95. Lixiang Education Holding Co and TCTM are among the gainers in the sector. Food, Beverage & Tobacco among the losers.

RLX Technology Price Target Raised to $2.76/Share From $2.40 by Citigroup

RLX Technology Is Maintained at Buy by Citigroup

Citigroup Maintains Buy on RLX Technology, Raises Price Target to $2.76

RLX Technology placed on Citigroup's upside catalyst watch

Consumer RLX Technology placed on Citigroup's upside catalyst watch. Citigroup put the stock on 90-day Catalyst Watch. More than 60% of the company's business will come from outside China in 2024. The company's international markets are expected to accelerate from the first quarter of this year.

Weekly Report: what happened at RLX last week (0311-0315)?

Buy Rating Justified: RLX Technology’s Strong Q4 Performance and Promising Global Expansion Strategy

Analyst Lydia Ling from Citi maintained a Buy rating on the stock and has a $2.76 price target. RLX Technology (RLX) is engaged in the manufacturing of e-vapor products for adult smokers. The company has turned its operating profit positive after three quarters of losses.

Why Is Geron (GERN) Stock Up 94% Today?

The FDA’s Oncologic Drugs Advisory Committee voted 12 to two in favor of imetelstat. GERN stock is up 93.7% as of Friday morning. Marathon Digital, Madrigal Pharmaceuticals and RLX Technology are also up today.