RLX Technology (RLX) Set to Announce Earnings on Friday

RLX Technology (NYSE:RLX) is scheduled to issue its quarterly earnings data before the market opens on Friday, May 17th. Parties that are interested in registering for the company’s conference call can do so using this link.

RLX Technology (NYSE:RLX) last issued its quarterly earnings results on Friday, March 15th. The company reported $0.02 earnings per share (EPS) for the quarter. The company had revenue of $73.31 million for the quarter. RLX Technology had a return on equity of 3.32% and a net margin of 34.74%.

RLX Technology Stock Performance

Shares of RLX stock opened at $2.00 on Friday. The company has a market capitalization of $3.14 billion, a P/E ratio of 40.01 and a beta of 0.93. The business’s 50 day moving average is $1.90 and its two-hundred day moving average is $1.92. RLX Technology has a 12-month low of $1.39 and a 12-month high of $2.47.

Analysts Set New Price Targets

RLX has been the topic of a number of recent analyst reports. TheStreet upgraded RLX Technology from a “d” rating to a “c-” rating in a research report on Monday, March 18th. Citigroup raised their target price on RLX Technology from $2.40 to $2.76 and gave the company a “buy” rating in a research report on Monday, March 18th.

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.