RLX Technology Inc. (NYSE:RLX - Get Free Report)'s stock price traded up 5.7% during mid-day trading on Friday . The stock traded as high as $2.49 and last traded at $2.49. 5,321,253 shares changed hands during mid-day trading, an increase of 2% from the average session volume of 5,201,281 shares. The stock had previously closed at $2.35.
RLX Technology Price Performance
The business has a fifty day simple moving average of $2.24 and a two-hundred day simple moving average of $1.92. The company has a market cap of $3.60 billion, a PE ratio of 57.39 and a beta of 0.97.
Institutional Investors Weigh In On RLX Technology
Several hedge funds have recently added to or reduced their stakes in RLX. Janney Montgomery Scott LLC acquired a new stake in shares of RLX Technology during the 4th quarter valued at about $31,000. Centiva Capital LP acquired a new stake in RLX Technology during the 3rd quarter worth $29,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of RLX Technology in the fourth quarter worth about $42,000. Boothbay Fund Management LLC purchased a new position in RLX Technology in the 4th quarter worth approximately $43,000. Finally, Catalina Capital Group LLC acquired a new stake in shares of RLX Technology in the fourth quarter valued at approximately $63,000. 22.68% of the stock is 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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