Raytech (NASDAQ:RAY – Get Free Report) announced its earnings results on Friday. The company reported $0.30 earnings per share for the quarter, FiscalAI reports. The company had revenue of $3.86 million for the quarter.
Raytech Price Performance
NASDAQ RAY opened at $2.76 on Friday. The firm has a 50 day simple moving average of $3.02 and a 200-day simple moving average of $3.52. Raytech has a one year low of $1.40 and a one year high of $58.88.
Institutional Trading of Raytech
Large investors have recently modified their holdings of the stock. Cetera Investment Advisers purchased a new position in Raytech in the first quarter valued at $82,000. Virtu Financial LLC raised its position in Raytech by 631.7% in the 3rd quarter. Virtu Financial LLC now owns 85,408 shares of the company’s stock valued at $42,000 after purchasing an additional 73,735 shares in the last quarter. Finally, Marex Group plc purchased a new position in shares of Raytech in the 2nd quarter valued at about $60,000.
Analyst Ratings Changes
Read Our Latest Report on Raytech
Raytech Company Profile
Raytech Holding Limited company specializes in design, sourcing and wholesale of personal care electrical appliances for international brand owners. Raytech Holding Limited is based in Hong Kong.
Featured Stories
- Five stocks we like better than Raytech
- Financials Hit Record Highs as the AI Trade Unravels—Can They Keep Leading?
- Netflix’s Big Sell-Off May Be Sending the Wrong Signal
- Popular’s Earnings Beat Shows Why This Bank Stock Keeps Climbing
- ABB’s Rotork Deal Could Put These Flow Control Stocks Back in Focus
Receive News & Ratings for Raytech Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Raytech and related companies with MarketBeat.com's FREE daily email newsletter.
