Raytech Holding Ltd (NASDAQ:RAY) Shares Plunged -9.31% In A Week – But Will They Keep Going Up?

In last trading session, Raytech Holding Ltd (NASDAQ:RAY) saw 0.77 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $1.85 trading at -$0.12 or -6.09% at ring of the bell on the day assigns it a market valuation of $32.58M. That closing price of RAY’s stock is at a discount of -226.49% from its 52-week high price of $6.04 and is indicating a premium of 53.51% from its 52-week low price of $0.86. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.64 million shares which gives us an average trading volume of 2.43 million if we extend that period to 3-months.

Raytech Holding Ltd (NASDAQ:RAY) trade information

Upright in the red during last session for losing -6.09%, in the last five days RAY remained trading in the red while hitting it’s week-highest on Tuesday, 04/01/25 when the stock touched $1.85 price level, adding 13.55% to its value on the day. Raytech Holding Ltd’s shares saw a change of 42.31% in year-to-date performance and have moved -9.31% in past 5-day. Raytech Holding Ltd (NASDAQ:RAY) showed a performance of 96.79% in past 30-days. Number of shares sold short was 0.21 million shares which calculate 0.04 days to cover the short interests.

Raytech Holding Ltd (NASDAQ:RAY)’s Major holders

Insiders are in possession of 81.76% of company’s total shares while institution are holding 0.02 percent of that, with stock having share float percentage of 0.10%. Investors also watch the number of corporate investors in a company very closely, which is 0.02% institutions for Raytech Holding Ltd that are currently holding shares of the company.