RLX Technology (NYSE:RLX – Get Free Report) announced its earnings results on Friday. Yahoo Finance reported that the company had an EPS of $0.02 for the quarter. RLX Technology had a net margin of 5.32% and a return on equity of 0.45%. The business had revenue of $73.31 million in the quarter.
RLX Technology Price Performance
NYSE RLX fell $0.09 on Friday to $1.86. The trading volume for this stock was 15,738,065 shares and its average volume was 6,089,882 shares. His 50 day moving average price for this company is $1.90 and his 200 day moving average price is $1.82. RLX Technology has a 52-week low of $1.39 and a 52-week high of $3.00.
RLX Technology Institutional Trading
Several hedge funds and other institutional investors have recently changed their positions on the business. PNC Financial Services Group Inc. acquired a new position in RLX Technology during the 4th quarter valued at approximately $27,000. Bayesian Capital Management LP bought a new stake in shares of RLX Technology during the 4th quarter valued at his $37,000. Apollon Wealth Management LLC acquired a new position in shares of RLX Technology during the 1st quarter valued at $38,000. Clear Street Markets LLC purchased a new position in RLX Technology in the 4th quarter valued at $40,000. Finally, Mariner LLC acquired a new stake in his RLX Technology in the 3rd quarter valued at approximately $47,000. Hedge funds and other institutional investors own 22.68% of the company's stock.
RLX Technology Company Profile
(Get Free Report)
RLX Technology Inc, together with its subsidiaries, manufactures and sells electronic vapor products in the People's Republic of China. Serve partner distributors and retailers. The company was founded in 2018 and is headquartered in Beijing, China.
Featured Stories
Hear this before considering RLX technology.
Every day, MarketBeat tracks Wall Street's highest-rated and best-performing research analysts and the stocks they recommend to their clients. MarketBeat identified five stocks that top analysts are quietly whispering to their clients to buy now before the broader market goes wild…and RLX Technology wasn't on the list.
RLX Technology currently has a buy rating among analysts, and analysts with higher ratings think these 5 stocks are better buys.
Click here to see the 5 brands
Click the link below to receive MarketBeat's list of the 10 best stocks to own in 2024 and why you should include them in your portfolio.
Get this free report