Shares of RLX Technology Inc. (NYSE:RLX – Get Free Report) saw strong trading volume on Wednesday . 2,895,197 shares traded hands during trading, a decline of 29% from the previous session’s volume of 4,081,987 shares.The stock last traded at $1.80 and had previously closed at $1.71.
RLX Technology Price Performance
The stock’s fifty day simple moving average is $1.69 and its two-hundred day simple moving average is $1.82. The company has a market capitalization of $2.82 billion, a price-to-earnings ratio of 35.91 and a beta of 0.91.
RLX Technology (NYSE:RLX – Get Free Report) last issued its earnings results on Friday, August 16th. The company reported $0.01 earnings per share (EPS) for the quarter. The firm had revenue of $86.30 million for the quarter. RLX Technology had a net margin of 18.25% and a return on equity of 2.48%.
Institutional Investors Weigh In On RLX Technology
RLX Technology Company Profile
RLX Technology Inc, together with its subsidiaries, engages in the manufacture and sale of e-vapor products in the People's Republic of China and internationally. It serves partner distributors and retail outlets. The company was founded in 2018 and is headquartered in Beijing, China.
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