Raytech shares stay stuck at $3.70; short week may decide next move
Raytech Holding Limited closed unchanged at $3.70 Friday, then slipped 2.43% to $3.61 after hours as U.S. markets head into the Memorial Day holiday. Only 6,900 shares traded, well below average. The company reported a 13.1% drop in first-half revenue to HK$37.6 million, while net income held at HK$4.7 million. Raytech’s market cap stands near $10.08 million.