Daily Market Movement: Raytech Holding Ltd (RAY) Sees a -6.47 Decrease, Closing at 1.88

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The closing price of Raytech Holding Ltd (NASDAQ: RAY) was $1.88 for the day, down -6.47% from the previous closing price of $2.01. In other words, the price has decreased by -$6.47 from its previous closing price. On the day, 0.62 million shares were traded. RAY stock price reached its highest trading level at $2.04 during the session, while it also had its lowest trading level at $1.78.

Ratios:

Our analysis of RAY’s different ratios will help us gain a deeper understanding of the company. 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 33112628 and an Enterprise Value of -45644804. Its current Enterprise Value per Revenue stands at -0.591 whereas that against EBITDA is -5.485.

Stock Price History:

Over the past 52 weeks, RAY has reached a high of $6.04, while it has fallen to a 52-week low of $0.86. The 50-Day Moving Average of the stock is 46.69%, while the 200-Day Moving Average is calculated to be 0.11%.

Shares Statistics:

RAY traded an average of 2.41M shares per day over the past three months and 3529930 shares per day over the past ten 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 0.02% stake in the company. Shares short for RAY as of 1741910400 were 214219 with a Short Ratio of 0.09, compared to 1739491200 on 20252. Therefore, it implies a Short% of Shares Outstanding of 214219 and a Short% of Float of 5.3400002.

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.

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