Raytech Holding Ltd (NASDAQ:RAY) does about 2.33M shares in volume on a normal day but saw 4606013 shares change hands in the recent trading day. The company now has a market cap of 35.92M USD. Its current market price is $2.04, marking an increase of 6.25% compared to the previous close of $1.92. The 52 week high reached by this stock is $6.04 whilst the lowest price level in 52 weeks is $0.86.
Raytech Holding Ltd (RAY) has a 20-day trading average at $1.31 and the current price is -66.23% off the 52-week high compared with 137.21% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.24 and its 200-day simple moving average is $1.90. If we look at the stock’s price movements over the week, volatility stands at 39.28%, which decreases to 26.71% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 71.68 to suggest the stock is overbought.
The current price level is 55.93%, 64.72%, and 7.10% away from its SMA20, SMA50, and SMA200 respectively, with the RAY price moving below the 50-day SMA on current market day. Raytech Holding Ltd (RAY) stock is up 78.95% over the week and 112.50% over the past month. Its price is 56.92% year-to-date.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
Outstanding shares total 17.61M with insiders holding 81.76% of the shares and institutional holders owning 0.02% of the company’s common stock. Price to book ratio is 3.81.
