RLX Technology Inc. (NYSE:RLX – Get Free Report) was up 4.3% during mid-day trading on Thursday . The stock traded as high as $2.09 and last traded at $2.08. Approximately 3,834,231 shares were traded during mid-day trading, a decline of 18% from the average daily volume of 4,662,876 shares. The stock had previously closed at $1.99.
RLX Technology Stock Performance
The firm has a market cap of $3.14 billion, a price-to-earnings ratio of 50.00 and a beta of 1.03. The stock has a 50-day moving average of $1.75 and a 200-day moving average of $1.76.
RLX Technology Announces Dividend
The company also recently declared an annual dividend, which will be paid on Friday, December 20th. Stockholders of record on Friday, December 6th will be issued a dividend of $0.01 per share. This represents a dividend yield of 0.59%. The ex-dividend date of this dividend is Friday, December 6th. RLX Technology’s dividend payout ratio (DPR) is 25.00%.
Institutional Inflows and Outflows
About RLX Technology
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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