Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Until today this year the stock’s price performance recorded a decrease of -23.85%. However, over the last six months, the performance has been stronger by -33.56%. The price of RAY decreased -46.49% over the last 30 days. And in the last five days, it has fallen by -57.52%.
52-week price history of RAY Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Raytech Holding Ltd’s current trading price is -83.61% away from its 52-week high, while its distance from the 52-week low is 15.10%. The stock’s price range during this period has varied between$0.86 and $6.04. The Raytech Holding Ltd’s shares, which operate in the Consumer Defensive, saw a trading volume of around 1.29 million for the day, a figure considerably lower than their average daily volume of 3.06 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Raytech Holding Ltd (RAY) has experienced a quarterly decline of -16.82% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 17.43M and boasts a workforce of 6 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.5285, with a change in price of -0.5500. Similarly, Raytech Holding Ltd recorded 1,960,866 in trading volume during the last 100 days, posting a change of -35.71%.
RAY’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of 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
As of today, Raytech Holding Ltd’s raw stochastic average for the last 50 days stands at 6.19%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 4.83%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 8.89% and 20.86%, respectively.
