Market Insights: Raytech Holding Ltd (RAY)’s Notable Drop of -11.39, Closing at 1.40

For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.

As of close of business last night, Raytech Holding Ltd’s stock clocked out at $1.40, down -11.39% from its previous closing price of $1.58. In other words, the price has decreased by -$11.39 from its previous closing price. On the day, 1.27 million shares were traded. RAY stock price reached its highest trading level at $1.83 during the session, while it also had its lowest trading level at $1.3601.

Ratios:

To gain a deeper understanding of RAY’s stock, we examine its different ratios. 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 24658340 and an Enterprise Value of -56388784. Its current Enterprise Value per Revenue stands at -0.73 whereas that against EBITDA is -6.775.

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 15.49%, while the 200-Day Moving Average is calculated to be -31.01%.

Shares Statistics:

It appears that RAY traded 1.98M shares on average per day over the past three months and 10974050 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 1740700800 were 13181 with a Short Ratio of 0.01, compared to 1738281600 on 31474. Therefore, it implies a Short% of Shares Outstanding of 13181 and a Short% of Float of 0.33000002.

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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