Now Is The Time To Build A Position In Raytech Holding Ltd (NASDAQ:RAY)

NOVA

In the latest trading session, 1.46 million Raytech Holding Ltd (NASDAQ:RAY) shares changed hands as the company’s beta touched 0. With the company’s most recent per share price at $1.89 changing hands around $0.11 or 6.18% at last look, the market valuation stands at $33.28M. RAY’s current price is a discount, trading about -219.58% off its 52-week high of $6.04. The share price had its 52-week low at $0.86, which suggests the last value was 54.5% up since then. When we look at Raytech Holding Ltd’s average trading volume, we note the 10-day average is 3.1 million shares, with the 3-month average coming to 2.46 million.

Raytech Holding Ltd (NASDAQ:RAY) trade information

Instantly RAY is in green as seen in intraday trades today. With action -5.97%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 45.38%, with the 5-day performance at -5.97% in the red. However, in the 30-day time frame, Raytech Holding Ltd (NASDAQ:RAY) is 117.24% up. Looking at the short shares, we see there were 0.21 million shares sold at short interest cover period of 0.04 days.

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

If we look at who the major shareholders are, we find that insiders hold 81.76% of Raytech Holding Ltd shares while 0.02% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 0.10%.