Raytech Holding Ltd experienced a rather shaky stock market performance.
52-week price history of RAY Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Raytech Holding Ltd’s current trading price is -51.94% away from its 52-week high, while its distance from the 52-week low is 159.30%. The stock’s price range during this period has spanned from $0.86 to $4.64. In the Consumer Defensive sector, the Raytech Holding Ltd’s shares surpassed a trading volume of approximately 2.35 million for the day, which was noticeably lower compared to the average daily volume of 9.3.52 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Raytech Holding Ltd (RAY) has experienced a quarterly rise of 132.36% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 39.27M and boasts a workforce of 6 employees.
Making Sense of Trading Volume and Moving Average Data
Examining RAY’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the 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 Price Performance Analysis
The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. Year to date metric has recorded a gain of 71.54%.However, over the last six months, we can see a weaker performance of 74.22%. Over the last 30 days, the price of RAY has fallen by 38.51%. And in the last five days, it has fallen by -6.69%.
