Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Raytech Holding Ltd’s current trading price is -79.80% away from its 52-week high, while its distance from the 52-week low is 41.86%. The stock’s price range over this period has fluctuated between $0.86 and $6.04. The company, operating within the financial sector, had a trading volume of approximately 0.55 million for the day, which was noticeably lower than the average daily share volume of 2.0 million over the last 3 months.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Raytech Holding Ltd (RAY) has experienced a quarterly decline of -19.74% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 21.48M and boasts a workforce of 6 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.3523, with a change in price of -0.2650. Similarly, Raytech Holding Ltd recorded 1,192,478 in trading volume during the last 100 days, posting a change of -17.85%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for RAY stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
RAY Stock Stochastic Average
Today, Raytech Holding Ltd’s raw stochastic average for the past 50 days stands at 24.49%, indicating a rise from the raw stochastic average of the last 20 days, which was 24.49%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 36.73% and 40.01% respectively.
RAY Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The index has shown a price loss of -6.15% this year. Over the last six months, there has been a stronger performance of -27.81%. The price of RAY fallen by 4.27% during the last 30 days period. For the last 5-days stocks have improved 40.46%.
