RLX Technology Inc. (NYSE:RLX - Get Free Report) saw an uptick in trading volume on Monday . 4,532,443 shares changed hands during trading, a decline of 3% from the previous session's volume of 4,661,923 shares.The stock last traded at $2.53 and had previously closed at $2.40.
RLX Technology Price Performance
The stock has a 50 day simple moving average of $2.13 and a two-hundred day simple moving average of $1.85. The company has a market cap of $3.89 billion, a price-to-earnings ratio of 61.89 and a beta of 0.97.
RLX Technology Dividend Announcement
The company also recently disclosed an annual dividend, which was paid on Friday, December 20th. Investors of record on Friday, December 6th were issued a $0.01 dividend. This represents a dividend yield of 0.59%. The ex-dividend date was Friday, December 6th. RLX Technology's dividend payout ratio is currently 25.01%.
Institutional Trading of RLX Technology
Several institutional investors have recently made changes to their positions in RLX. Quantbot Technologies LP purchased a new stake in RLX Technology in the 4th quarter valued at about $123,000. Virtu Financial LLC boosted its position in shares of RLX Technology by 52.2% during the 4th quarter. Virtu Financial LLC now owns 129,401 shares of the company's stock worth $280,000 after purchasing an additional 44,354 shares during the period. Connor Clark & Lunn Investment Management Ltd. increased its holdings in RLX Technology by 1,239.1% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 801,104 shares of the company's stock valued at $1,730,000 after purchasing an additional 741,281 shares during the last quarter. Hosking Partners LLP raised its position in RLX Technology by 24.8% in the fourth quarter. Hosking Partners LLP now owns 981,533 shares of the company's stock valued at $2,120,000 after purchasing an additional 194,770 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new position in RLX Technology during the fourth quarter worth $42,000. Hedge funds and other institutional investors own 22.68% of the company's stock.
About RLX Technology
(
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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