Moreover, the 36-month beta value for RAY is -6.07.
The public float for RAY is 3.21M and currently, short sellers hold a 9.12% of that float. On May 13, 2025, RAY’s average trading volume was 3.02M shares.
RAY) stock’s latest price update
Raytech Holding Ltd (NASDAQ: RAY)’s stock price has increased by 28.07 compared to its previous closing price of 1.14. However, the company has seen a -1.35% decrease in its stock price over the last five trading sessions. 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.
RAY’s Market Performance
RAY’s stock has fallen by -1.35% in the past week, with a monthly drop of -37.87% and a quarterly rise of 24.26%. The volatility ratio for the week is 34.48% while the volatility levels for the last 30 days are 22.86% for Raytech Holding Ltd The simple moving average for the past 20 days is -30.36% for RAY’s stock, with a -13.09% simple moving average for the past 200 days.
RAY Trading at -17.64% 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 -75.83% of loss for the given period.
Volatility was left at 22.86%, however, over the last 30 days, the volatility rate increased by 34.48%, as shares sank -44.27% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +41.06% upper at present.
During the last 5 trading sessions, RAY fell by -1.35%, which changed the moving average for the period of 200-days by -57.18% in comparison to the 20-day moving average, which settled at $2.0965. In addition, Raytech Holding Ltd saw 12.31% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for RAY
Current profitability levels for the company are sitting at:
- 0.11 for the present operating margin
- 0.2 for the gross margin
The net margin for Raytech Holding Ltd stands at 0.11. The total capital return value is set at 0.11.
Currently, EBITDA for the company is 11.36 million with net debt to EBITDA at -9.74. When we switch over and look at the enterprise to sales, we see a ratio of 1.54. The receivables turnover for the company is 5.73for trailing twelve months and the total asset turnover is 0.81. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.27.
Conclusion
To wrap up, the performance of Raytech Holding Ltd (RAY) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.
