Raytech (NASDAQ:RAY – Get Free Report)‘s stock had its “sell (d)” rating reaffirmed by analysts at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.
Raytech Trading Up 2.1%
Shares of NASDAQ:RAY opened at $0.51 on Wednesday. The firm’s 50-day moving average is $1.42 and its 200 day moving average is $1.73. Raytech has a 12 month low of $0.40 and a 12 month high of $3.68.
Hedge Funds Weigh In On Raytech
An institutional investor recently bought a new position in Raytech stock. Virtu Financial LLC bought a new position in Raytech Holding Limited (NASDAQ:RAY – Free Report) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 15,968 shares of the company’s stock, valued at approximately $31,000. Virtu Financial LLC owned approximately 0.09% of Raytech at the end of the most recent reporting period.
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.
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