RAY Stock Summary and Trading Ideas (Raytech Holding Limited - | NASDAQ:RAY)

Raytech Holding Ltd is principally engaged in product designing and manufacturing of various product ranges such as Hair Care, Men's Care and Women's Care products. It has sourced and wholesaled a wide range of personal care electrical appliances, which can be broadly classified into seven categories: hair styling series, including hair dryer, hair straightener and curling iron; trimmer series, including facial shaver, nose trimmer and eyebrow trimmer; eyelash curler; neck care series; nail care series; tooling and other personal care appliances such as body and facial brush, reset brush, callus remover, sonic peeling, handy fan and others. Raytech manufactures products under OEM and ODM.

Raytech Holding Limited - trades on the NASDAQ stock market under the symbol RAY.

As of April 22, 2026, RAY stock price declined to $2.58 with 17,410 million shares trading.

RAY has a beta of -0.52, meaning it tends to be less sensitive to market movements. RAY has a correlation of 0.00 to the broad based SPY ETF.

RAY has a market cap of $7.68 million. This is considered a Sub-Micro Cap stock.

RAY has underperformed the market in the last year with a price return of -94.4% while the SPY ETF gained +36.3%. RAY has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -45.6% and -33.2%, respectively, while the SPY returned +3.5% and +5.2%, respectively.

RAY support price is $2.67 and resistance is $3.19 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RAY shares will trade within this expected range on the day.