Raytech (NASDAQ:RAY – Get Free Report)‘s stock had its “sell (d)” rating restated by investment analysts at Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.
Raytech Trading Up 2.1%
NASDAQ RAY opened at $0.51 on Wednesday. The firm’s 50 day moving average price is $1.42 and its 200-day moving average price is $1.73. Raytech has a 52-week low of $0.40 and a 52-week high of $3.68.
Hedge Funds Weigh In On Raytech
A hedge fund recently bought a new stake in Raytech stock. Virtu Financial LLC acquired a new stake in shares of Raytech Holding Limited (NASDAQ:RAY – Free Report) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 15,968 shares of the company’s stock, valued at approximately $31,000. Virtu Financial LLC owned approximately 0.09% of Raytech as of its most recent filing with the Securities & Exchange Commission.
About Raytech
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.
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