Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Raytech Holding Limited ( (RAY) ) has issued an update.
On January 2, 2026, Raytech Holding Limited announced that directors Chun Yin Ling and Wan Venus Li resigned from its board, with Li also stepping down from the audit, compensation, and nominating and corporate governance committees; both departing directors stated their resignations did not result from any disagreement with management or the board and that they had no claims against the company or its stakeholders. The board simultaneously appointed Tianfu Yuan as a director and Shibin Wang as an independent director, with Wang joining the audit and compensation committees and chairing the nominating and corporate governance committee; Wang will receive annual cash compensation of $14,400 while Yuan will serve without compensation, and both have entered into indemnity arrangements, moves that refresh Raytech’s board with seasoned financial and capital markets expertise and are intended to maintain compliance with Nasdaq independence requirements and strengthen its governance framework.
The most recent analyst rating on (RAY) stock is a Buy with a $2.50 price target. To see the full list of analyst forecasts on Raytech Holding Limited stock, see the RAY Stock Forecast page.
Spark’s Take on RAY Stock
According to Spark, TipRanks’ AI Analyst, RAY is a Outperform.
The score is driven mainly by solid financial fundamentals (growth and minimal leverage) and a very low P/E valuation, partially offset by weaker cash conversion and a mixed-to-bearish technical setup (below key longer-term moving averages and negative MACD).
To see Spark’s full report on RAY stock, click here.
More about Raytech Holding Limited
Raytech Holding Limited is a British Virgin Islands-incorporated company listed on Nasdaq, with its principal executive office in Hong Kong. The company operates within the broader financial and capital markets ecosystem, leveraging access to international markets, and is subject to U.S. securities regulations as a foreign private issuer filing under Form 20-F.
Average Trading Volume: 217,557
Technical Sentiment Signal: Sell
Current Market Cap: $5.86M
For a thorough assessment of RAY stock, go to TipRanks’ Stock Analysis page.