Raytech Holding Ltd [NASDAQ: RAY] loss -9.09% on the last trading session, reaching $2.10 price per share at the time.
If compared to the average trading volume of 2.93M shares, RAY reached a trading volume of 4084072 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Raytech Holding Ltd [RAY]:
The Average True Range (ATR) for Raytech Holding Ltd is set at 0.37 The Price to Book ratio for the last quarter was 3.92, with the Price to Cash per share for the same quarter was set at 0.59.
Trading performance analysis for RAY stock
Raytech Holding Ltd [RAY] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -23.08. With this latest performance, RAY shares gained by 4.48% in over the last four-week period, additionally plugging by 39.44% over the last 6 months.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for RAY stock in for the last two-week period is set at 46.11, with the RSI for the last a single of trading hit 36.46, and the three-weeks RSI is set at 50.73 for Raytech Holding Ltd [RAY]. The present Moving Average for the last 50 days of trading for this stock 1.75, while it was recorded at 2.34 for the last single week of trading, and 1.75 for the last 200 days.
Raytech Holding Ltd [RAY]: A deeper dive into fundamental analysis
Raytech Holding Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.22 and a Current Ratio set at 4.27.
An analysis of Institutional ownership at Raytech Holding Ltd [RAY]
There are presently around $0.02%, or 0.10%% of RAY stock, in the hands of institutional investors.
