RLX Technology’s (RLX) 4Q earnings came in at $0.05 (RMB0.292) per share, versus the consensus estimate of $0.04 per share. The company reported a loss of RMB0.029 per share in the same quarter last year.
Net revenues of $248 million (RMB1,618.5 million) more than tripled from the year-ago period together with gross profits, while total operating expenses increased significantly.
On March 12, Citigroup analyst Lydia Ling initiated coverage of the stock with a Buy rating and a price target of $20 (119.3% upside potential). (smarteranalyst.com)
My target for now is $10.66.
If you are interested to test some amazing BUY and SELL INDICATORS which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.