Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Until today this year the stock’s price performance recorded an increase of 56.92%. However, over the last six months, the performance has been weaker by 12.71%. The price of RAY increased 112.50% over the last 30 days. And in the last five days, it has surged by 78.95%.
52-week price history of RAY Stock
A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Raytech Holding Ltd’s current trading price is -66.23% away from its 52-week high, while its distance from the 52-week low is 137.21%. The stock’s price range over this timeframe has been between $0.86 and $6.04. The shares of the Consumer Defensive sector company recorded a trading volume of approximately 4.61 million for the day, which was comparatively higher than the average daily volume of 2.33 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Raytech Holding Ltd (RAY) has experienced a quarterly rise of 87.16% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 35.92M and boasts a workforce of 6 employees.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.35, with a change in price of +0.55. Similarly, Raytech Holding Ltd recorded 1,507,449 in trading volume during the last 100 days, posting a change of +36.91%.
RAY’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder 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
Raytech Holding Ltd’s raw stochastic average for the past 50 days is currently at 74.68%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 74.68%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 72.77% and 67.92%, respectively.
