2 weeks Ago By ABMN Staff
Shares of RLX Technology Inc. ( NYSE:RLX – Get Free Report ) fell 4% during trading on Friday . The company traded as low as $1.
79 and last traded at $1.80. 6,832,226 shares were traded during mid-day trading, an increase of 73% from the average session volume of 3,946,570 shares.
The stock had previously closed at $1.87. RLX Technology Stock Performance The stock’s 50 day simple moving average is $1.
69 and its 200 day simple moving average is $1.82. The firm has a market cap of $2.
64 billion, a PE ratio of 33.61 and a beta of 0.91.
RLX Technology ( NYSE:RLX – Get Free Report ) last announced its earnings results on Friday, August 16th. The company reported $0.01 earnings per share (EPS) for the quarter.
RLX Technology had a net margin of 18.25% and a return on equity of 2.48%.
The company had revenue of $86.30 million during the quarter. Hedge Funds Weigh In On RLX Technology RLX Technology Company Profile ( Get Free Report ) 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. Further Reading Receive News & Ratings for RLX Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RLX Technology and related companies with MarketBeat.
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