Raytech Holding Limited Stock Today

RAY Stock   1.28  0.02  1.54%   

Performance

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Odds Of Distress

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Raytech Holding is trading at 1.28 as of the 28th of November 2024; that is 1.54 percent down since the beginning of the trading day. The stock's open price was 1.3. Raytech Holding has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Raytech Holding Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Consumer Discretionary Distribution & Retail
IPO Date
15th of May 2024
Category
Consumer Defensive
Classification
Consumer Discretionary
Raytech Holding is entity of United States. It is traded as Stock on NASDAQ exchange. The company has 17.61 M outstanding shares of which 33.44 K shares are at this time shorted by investors with about 1.33 days to cover. More on Raytech Holding Limited

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Raytech Stock Highlights

Chairman FounderTim Ching
Thematic Ideas
(View all Themes)
Business ConcentrationDistributors, Consumer Discretionary Distribution & Retail, Consumer Discretionary, NASDAQ Composite, Housewares, Consumer Goods, Consumer Discretionary, Distributors, Household & Personal Products, Consumer Defensive (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.160.171
Notably Down
Slightly volatile
Asset Turnover2.041.1524
Way Up
Slightly volatile
Gross Profit Margin0.280.2226
Significantly Up
Pretty Stable
Total Current Liabilities28.4 M27 M
Sufficiently Up
Slightly volatile
Total Assets61 M58.1 M
Sufficiently Up
Slightly volatile
Total Current Assets55.5 M52.8 M
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities16.5 M15.7 M
Sufficiently Up
Slightly volatile
Raytech Holding can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Raytech Holding's financial leverage. It provides some insight into what part of Raytech Holding's total assets is financed by creditors.
Liquidity
Raytech Holding Limited has 27.04 M in debt. Note however, debt could still be an excellent tool for Raytech to invest in growth at high rates of return.

Change To Account Receivables

(941,586)
Raytech Holding Limited (RAY) is traded on NASDAQ Exchange in USA. It is located in Unit 9, Kowloon Bay, Hong Kong, 999077 and employs 6 people. Raytech Holding is listed under Distributors category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a total capitalization of 22.9 M. Raytech Holding runs under Distributors sector within Consumer Discretionary industry. The entity has 17.61 M outstanding shares of which 33.44 K shares are at this time shorted by investors with about 1.33 days to cover. Raytech Holding generates positive cash flow from operations, but has no cash available
Check Raytech Holding Probability Of Bankruptcy
Ownership Allocation
Raytech Holding owns a total of 17.61 Million outstanding shares. Raytech Holding holds majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 81.75 pct. of Raytech Holding outstanding shares that are owned by insiders implies they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Raytech Ownership Details

Raytech Holding Historical Income Statement

At this time, Raytech Holding's Total Operating Expenses is fairly stable compared to the past year. Income Before Tax is likely to rise to about 13.4 M in 2024, whereas Tax Provision is likely to drop slightly above 1.9 M in 2024. View More Fundamentals

Raytech Stock Against Markets

Additional Tools for Raytech Stock Analysis

When running Raytech Holding's price analysis, check to measure Raytech Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Raytech Holding is operating at the current time. Most of Raytech Holding's value examination focuses on studying past and present price action to predict the probability of Raytech Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Raytech Holding's price. Additionally, you may evaluate how the addition of Raytech Holding to your portfolios can decrease your overall portfolio volatility.