Raytech Holding Ltd (NASDAQ:RAY) traded at $2.01 at close of the session on Tuesday, April 01 and made an upward move of 3.08% on its previous day’s price.
Looking at the stock we see that its previous close was $1.95 with the day’s price range being $1.7713 – $2.14. In terms of its 52-week price range, RAY has a high of $6.04 and a low of $0.86. The company’s stock has gained about 118.45% over that past 30 days.
Raytech Holding Ltd has a market cap of $35.40 million and is expected to release its quarterly earnings report in May.
On the other hand, looking at the outlook for the RAY stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 50% Sell.
Looking further, we note the current price level is 42.32% off its SMA20 and 58.39% from its 50-day simple moving average. The RSI (14) is pointing at 68.94 while the volatility over the past week is 24.65% and jumps to 28.12% over the past one month.
Coming back to Raytech Holding Ltd (NASDAQ:RAY), we note that the average 3-month trading volume was 2.42 million, while that of the preceding 10-day period stands at 3.48 million. Current shares outstanding are 17.61 million.
The insiders hold 81.76% of the company’s shares while institutions hold 0.02%. The data shows that short shares as of 2025-03-14, stood at 0.21 million at a short ratio of 0.04. This represents a 534.00 short interest in shares outstanding on 2025-03-14. Shares short rose in March from the previous month at 20252.0. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 54.62% up in year-to-date price movement.
