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 -59.76% away from its 52-week high, while its distance from the 52-week low is 82.50%. The stock’s price range over this period has fluctuated between $0.86 and $3.90. The company, operating within the financial sector, had a trading volume of approximately 1.2 million for the day, which was noticeably lower than the average daily share volume of 1.43 million over the last 3 months.
Raytech Holding Ltd ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $3.90 on 07/11/24, while the lowest value for the same period was recorded at $0.86 on 03/07/25.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Raytech Holding Ltd (RAY) has experienced a quarterly decline of -18.26% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 27.64M.
Analyzing Trading Volume and Moving Average Trends
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 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 -58.81% this year. Over the last six months, there has been a weaker performance of 8.24%. The price of RAY fallen by 30.79% during the last 30 days period. For the last 5-days stocks have improved 22.62%.