Raytech Holding Ltd (NASDAQ:RAY) does about 1.54M shares in volume on a normal day but saw 2399446 shares change hands in the recent trading day. The company now has a market cap of 46.14M USD. Its current market price is $2.62, marking no change compared to the previous close of $2.62. The 52 week high reached by this stock is $3.60 whilst the lowest price level in 52 weeks is $0.86.
Raytech Holding Ltd (RAY) has a 20-day trading average at $1.91 and the current price is -27.22% off the 52-week high compared with 204.65% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.75 and its 200-day simple moving average is $1.58. If we look at the stock’s price movements over the week, volatility stands at 8.28%, which increases to 11.31% 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 71.65 to suggest the stock is overbought.
The current price level is 37.17%, 49.67%, and 65.83% 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 12.45% over the week and 125.86% over the past month. Its price is -20.49% year-to-date and 101.54% over the past year.
Outstanding shares total 17.61M with insiders holding 31.19% of the shares and institutional holders owning 0.57% of the company’s common stock. The company has a return on investment of 10.72%. The price to earnings ratio (P/E ratio) amounts to 43.52. The beta has a value of -3.52. Price to book ratio is 4.67 and price to sales ratio is 4.57.
