RLX Technology Inc. (NYSE:RLX - Get Free Report) hit a new 52-week high during trading on Friday . The stock traded as high as $2.47 and last traded at $2.41, with a volume of 3138719 shares traded. The stock had previously closed at $2.28.
RLX Technology Stock Performance
The company has a market capitalization of $3.89 billion, a PE ratio of 61.89 and a beta of 0.97. The firm's 50-day simple moving average is $2.12 and its 200 day simple moving average is $1.85.
RLX Technology Dividend Announcement
The company also recently announced an annual dividend, which was paid on Friday, December 20th. Shareholders of record on Friday, December 6th were issued a $0.01 dividend. The ex-dividend date was Friday, December 6th. This represents a yield of 0.59%. RLX Technology's dividend payout ratio (DPR) is 25.01%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Centiva Capital LP purchased a new position in RLX Technology in the 3rd quarter valued at about $29,000. Janney Montgomery Scott LLC purchased a new position in RLX Technology in the 4th quarter valued at about $31,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in RLX Technology in the 4th quarter valued at about $42,000. Catalina Capital Group LLC purchased a new position in RLX Technology in the 4th quarter valued at about $63,000. Finally, Blue Trust Inc. lifted its holdings in RLX Technology by 284.8% in the 3rd quarter. Blue Trust Inc. now owns 35,428 shares of the company's stock valued at $65,000 after purchasing an additional 26,220 shares in the last quarter. 22.68% of the stock is currently owned by hedge funds and other institutional investors.
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.
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