Raytech Holding Ltd (NASDAQ: RAY)’s stock price has gone decline by -12.86 in comparison to its previous close of 1.40, however, the company has experienced a 40.46% increase in its stock price over the last five trading days. globenewswire.com reported 2025-01-10 that HONG KONG, Jan. 10, 2025 (GLOBE NEWSWIRE) — Raytech Holding Limited (the “Company” or “RAY”), a Hong Kong-headquartered company specializing in design, sourcing and wholesale of personal care electrical appliances for international brand owners, today announced its financial results for the six months ended September 30, 2024.
Is It Worth Investing in Raytech Holding Ltd (NASDAQ: RAY) Right Now?
The public float for RAY is 3.21M, and currently, short sellers hold a 0.41% ratio of that float. The average trading volume of RAY on March 17, 2025 was 2.00M shares.
RAY’s Market Performance
The stock of Raytech Holding Ltd (RAY) has seen a 40.46% increase in the past week, with a 4.27% rise in the past month, and a -19.74% fall in the past quarter. The volatility ratio for the week is 49.32%, and the volatility levels for the past 30 days are at 19.11% for RAY.. The simple moving average for the past 20 days is 6.80% for RAY’s stock, with a -39.44% simple moving average for the past 200 days.
RAY Trading at 0.91% from the 50-Day Moving Average
After a stumble in the market that brought RAY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -79.80% of loss for the given period.
Volatility was left at 19.11%, however, over the last 30 days, the volatility rate increased by 49.32%, as shares surge +4.27% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.59% lower at present.
During the last 5 trading sessions, RAY rose by +40.46%, which changed the moving average for the period of 200-days by -70.66% in comparison to the 20-day moving average, which settled at $1.1424. In addition, Raytech Holding Ltd saw -6.15% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for RAY
Current profitability levels for the company are sitting at:
- 0.16 for the present operating margin
- 0.21 for the gross margin
The net margin for Raytech Holding Ltd stands at 0.13. The total capital return value is set at 0.25.
Currently, EBITDA for the company is 11.36 million with net debt to EBITDA at -4.55. When we switch over and look at the enterprise to sales, we see a ratio of 2.6. The receivables turnover for the company is 3.47for trailing twelve months and the total asset turnover is 0.87. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.27.
Conclusion
To put it simply, Raytech Holding Ltd (RAY) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
