RLX Technology Inc. American Depositary Shares each representing the right to receive one (1) Class A Looks to Continue to Trade Below its Annual-Low Share Price Today

July 16, 2021 11:00:04

Shares of RLX Technology Inc. American Depositary Shares each representing the right to receive one (1) Class A (NYSE:RLX) traded at a new 52-week low today of $6.47. Approximately 6.8 million shares have changed hands today, as compared to an average 30-day volume of 6.1 million shares.

RLX Technology Inc is engaged in the manufacturing of e-vapor products for adult smokers. It has an integrated offline distribution and “Branded store plus” retail model tailored to China’s e-vapor market.

In the past 52 weeks, shares of RLX Technology Inc. American Depositary Shares each representing the right to receive one (1) Class A have traded between the current low of $6.47 and a high of $35.00 and is now at $6.51.

Based on a current price of $6.51, RLX Technology Inc. American Depositary Shares each representing the right to receive one (1) Class A is currently 65.6% above its average consensus analyst price target of $2.24.

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