Raytech shares stay stuck at $3.70; short week may decide next move
Raytech Holding Limited held flat at $3.70 at Friday’s close as the U.S. heads into a holiday-shortened trading week. Nasdaq is closed Monday for Memorial Day and regular trading is set for Tuesday. In after-hours, the stock moved down to $3.61, off 2.43%. Pause is important for Raytech, a microcap where thin trading makes it easier for small orders to push prices. Google Finance put Raytech’s market cap near $10.08 million. Just 6,900 shares changed hands Friday, missing the average of 10,740.