RLX Technology Inc. (NYSE:RLX – Get Free Report) was the target of some unusual options trading on Wednesday. Stock traders acquired 59,159 call options on the company. This represents an increase of approximately 26,548% compared to the average volume of 222 call options.
RLX Technology Stock Up 5.6 %
Shares of RLX stock opened at $1.89 on Friday. The business has a 50-day moving average price of $1.69 and a two-hundred day moving average price of $1.82. RLX Technology has a 12-month low of $1.49 and a 12-month high of $2.40. The firm has a market cap of $2.97 billion, a P/E ratio of 37.80 and a beta of 0.92.
RLX Technology (NYSE:RLX – Get Free Report) last released its earnings results on Friday, August 16th. The company reported $0.01 earnings per share for the quarter. RLX Technology had a return on equity of 2.48% and a net margin of 18.25%. The company had revenue of $86.30 million during the quarter.
Institutional Investors Weigh In On RLX Technology
RLX Technology Company Profile
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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