Raytech Holding Ltd (NASDAQ: RAY) is 49.23% higher on its value in year-to-date trading and has touched a low of $0.86 and a high of $6.04 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The RAY stock was last observed hovering at around $1.30 in the last trading session, with the day’s gains setting it 0.64%.
Currently trading at $1.94, the stock is 66.16% and 62.36% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 15.14 million and changing 49.23% at the moment leaves the stock 0.44% off its SMA200. RAY registered a loss of 2.65% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $1.19486 and a 200-day simple moving average (SMA200) of $1.931415.
The stock witnessed a 67.24% gain in the last 1 month and extending the period to 3 months gives it a 42.93%, and is 67.24% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 30.98% over the week and 25.20% over the month.
Distance from 52-week low is 125.58% and -67.88% from its 52-week high.
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Raytech Holding Ltd (RAY) Top Institutional Holders
1.0 institutions hold shares in Raytech Holding Ltd (RAY), with institutional investors hold 0.10% of the company’s shares. The shares outstanding are 17.61M, and float is at 3.21M with Short Float at 0.41%. Institutions hold 0.02% of the Float.
Raytech Holding Ltd (RAY) Insider Activity
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