RLX Technology Inc. (NYSE:RLX) shares touched a new 52-week low on Tuesday. The stock traded as low as $1.76 before closing at $1.7850. This decline followed a recent downgrade by Wall Street Zen from "hold" to "sell." The stock's performance reflects investor reaction to the new rating and broader market sentiment.
The company last reported quarterly earnings on August 14, 2026. It missed analyst consensus estimates for earnings per share. However, revenue increased compared to the same period in the previous year. The stock's 50-day moving average is $1.94. Its 200-day moving average is $2.11. These figures indicate a recent downward trend.