The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The price of Raytech Holding Ltd (NASDAQ: RAY) closed at $1.37 in the last session, up 3.01% from day before closing price of $1.33. In other words, the price has increased by $3.01 from its previous closing price. On the day, 1.02 million shares were traded. RAY stock price reached its highest trading level at $1.39 during the session, while it also had its lowest trading level at $1.33.
Ratios:
We take a closer look at RAY’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 4.22 and its Current Ratio is at 4.27. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RAY now has a Market Capitalization of 24129948 and an Enterprise Value of -60439796. Its current Enterprise Value per Revenue stands at -0.783 whereas that against EBITDA is -7.262.
Stock Price History:
The Beta on a monthly basis for RAY is -4.98, which has changed by -0.6085714 over the last 52 weeks, in comparison to a change of 0.10500872 over the same period for the S&P500. Over the past 52 weeks, RAY has reached a high of $4.60, while it has fallen to a 52-week low of $0.86. The 50-Day Moving Average of the stock is -14.72%, while the 200-Day Moving Average is calculated to be -11.86%.
Shares Statistics:
According to the various share statistics, RAY traded on average about 1.51M shares per day over the past 3-months and 619780 shares per day over the past 10 days. A total of 17.61M shares are outstanding, with a floating share count of 3.21M. Insiders hold about 81.76% of the company’s shares, while institutions hold 1.42% stake in the company. Shares short for RAY as of 1749772800 were 42896 with a Short Ratio of 0.03, compared to 1747267200 on 331113. Therefore, it implies a Short% of Shares Outstanding of 42896 and a Short% of Float of 1.0699999999999998.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
