Stock of RELX Technology Rises 4.5% in US Market

Business by 2FIRSTS.ai

Dec.14.2023

Stock of RELX Technology Rises 4.5% in US Market

RELX Technology Inc.'s stock rose by 4.5% to $2.11 as trading volume dropped by 62% on December 13th.

According to reports in the US stock market, on December 13th, the stock of RELX Technology Inc. increased by 4.5%. The highest price reached $2.12 per share, while the final trading price was $2.11 per share. Approximately 3,177,867 shares were traded during the midday trading session, which is a 62% decrease from its average daily trading volume of 8,373,088 shares. The previous day, the stock closed at $2.02 per share.

Wall Street analysts are predicting future growth for the company. Recently, Citigroup lowered its price target for RELX Technology from $3.15 to $2.40 in a research report. This downgrade was announced on Friday, the 18th of this month.

The market capitalization of RELX Technology is currently $3.36 billion, with a price-earnings ratio of 25.50 and a beta coefficient of 0.99. The company's 50-day moving average price is $1.84, while its 200-day moving average price is $1.71.

RELX Technology recently released its financial report for the quarter. On Monday, the 13th of this month, the company reported earnings per share of $0.02. The company's revenue for this quarter amounted to $58.67 million. RELX Technology's equity return rate stands at 0.45%, with a net profit margin of 5.32%.

RELX Technology has recently announced a variable dividend, which will be paid on Friday, December 22nd. Shareholders on record as of Friday, December 1st will receive a dividend of $0.01, representing a yield of 0.4%. The ex-dividend date for this payment is Thursday, November 30th. RELX Technology currently has a dividend yield of 12.5%.

In addition, several hedge funds and institutional investors have recently bought and sold shares of this company. BlackRock Inc., in particular, increased its stake in RELX Technology by 8.3% in the first quarter. Following this quarter's transactions, BlackRock currently holds 28,218,391 shares of the company, with a total value of $50.51 million.

RELX Technology is a company dedicated to the research and development, distribution, and sales of e-cigarette products. Its operations span across China, providing services to partner distributors and other retail channels. RELX Technology was established in 2018, with its headquarters located in Beijing, China.

References:

[1] RLX Technology (NYSE:RLX) Stock Price Up 4.5%

Also Read:

[1] Business Acquisitions Propel RELX's International Expansion Plan

[2] UBS Raises Stock Target Price for RLX Technology

[3] RELX Technology Ranked First in Global E-cigarette Companies

#Technology.#RELX Technology #E-cigarette Market

We welcome news tips, article submissions, interview requests, or comments on this piece.

Please contact us at info@2firsts.com, or reach out to Alan Zhao, CEO of 2Firsts, on LinkedIn

Notice

1. This article is intended solely for professional research purposes related to industry, technology, and policy. Any references to brands or products are made purely for objective description and do not constitute any form of endorsement, recommendation, or promotion by 2Firsts.

2. The use of nicotine-containing products — including, but not limited to, cigarettes, e-cigarettes, nicotine pouchand heated tobacco products — carries significant health risks. Users are responsible for complying with all applicable laws and regulations in their respective jurisdictions.

3. This article is not intended to serve as the basis for any investment decisions or financial advice. 2Firsts assumes no direct or indirect liability for any inaccuracies or errors in the content.

4. Access to this article is strictly prohibited for individuals below the legal age in their jurisdiction.

Copyright

This article is either an original work created by 2Firsts or a reproduction from third-party sources with proper attribution. All copyrights and usage rights belong to 2Firsts or the original content provider. Unauthorized reproduction, distribution, or any other form of unauthorized use by any individual or organization is strictly prohibited. Violators will be held legally accountable.

For copyright-related inquiries, please contact: info@2firsts.com

AI Assistance Disclaimer

This article may have been enhanced using AI tools to improve translation and editorial efficiency. However, due to technical limitations, inaccuracies may occur. Readers are encouraged to refer to the cited sources for the most accurate information.

We welcome any corrections or feedback. Please contact us at: info@2firsts.com

Irish Vape Group Urges Full Scrutiny of Single-Use Vape Bill

Responsible Vaping Ireland (RVI) has urged TDs to fully scrutinise the Public Health (Single-Use Vapes) Bill 2025 as it comes before the Dáil for debate. Representing more than 3,300 independent vape retailers, RVI stressed that meaningful consultation with retailers and enforcement authorities is essential to ensure the ban meets its public health and environmental goals without unintended consequences.

Dec.17 by 2FIRSTS.ai

Thailand to Establish Inter-Agency Committee to Strengthen E-Cigarette Enforcement

The Thai government will establish an inter-agency committee under the Prime Minister’s Office to address the rapid spread of e-cigarettes among youth. Deputy Prime Minister Sophon Sarum said the fragmented enforcement across multiple laws and agencies has created gaps. The new mechanism will coordinate enforcement, report directly to the Cabinet, and propose legal amendments if current laws are insufficient.

Nov.20 by 2FIRSTS.ai

Echo Guo: The Accumulating Risks Behind the Surge in Chinese Vape Exports to the U.S.

Chinese vape exports to the U.S. jumped from about 2.2 million kg in June to 14.8 million kg in October 2025, despite tougher enforcement, the Washington Examiner reported. 2Firsts finds the surge reflects delayed bulk shipments, not demand recovery. With U.S. inventory exceeding 160 million devices and distributors paying ~10% upfront, cash-flow stress has shifted to Chinese manufacturers, and discounted stock is spilling into other markets.

Dec.14 by Echo Duo

U.S. Lawmakers Seek to Empower HHS to Destroy Counterfeit Chinese Tobacco Products

Bipartisan members of the U.S. Congress have introduced the “Ensuring the Necessary Destruction of Illicit Chinese Tobacco Act” (END Act), seeking to amend the Federal Food, Drug, and Cosmetic Act to authorize the Department of Health and Human Services (HHS) to directly destroy adulterated, misbranded, or counterfeit imported tobacco products.Major tobacco companies, including Altria, along with several public health organizations, have announced their support for the bill.