Rayliant Quantamental China Equity ETF (NYSEARCA:RAYC – Get Free Report) dropped 0.6% on Friday . The company traded as low as $14.45 and last traded at $14.45. Approximately 1,490 shares were traded during mid-day trading, a decline of 90% from the average daily volume of 14,489 shares. The stock had previously closed at $14.53.
Rayliant Quantamental China Equity ETF Price Performance
The firm has a market capitalization of $18.06 million, a PE ratio of 13.67 and a beta of 0.22. The company has a fifty day moving average of $14.35 and a 200-day moving average of $14.59.
About Rayliant Quantamental China Equity ETF
The Rayliant Quantamental China Equity ETF (RAYC) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed portfolio of Chinese stocks selected and weighted based on a combination of quantitative and fundamental, quantamental, proprietary research. RAYC was launched on Dec 31, 2020 and is managed by Rayliant.
See Also
- Five stocks we like better than Rayliant Quantamental China Equity ETF
- What is a Death Cross in Stocks?
- Why Dollar Tree’s Family Dollar Sale Could Spark a Comeback
- How Can Retail Investors Trade the Toronto Stock Exchange (TSX)?
- JPMorgan: The ‘NVIDIA of Banking’ Poised for More Gains?
- Stock Dividend Cuts Happen Are You Ready?
- Buy the Chewy Stock Reversal? Here’s Why Now Is the Time
Receive News & Ratings for Rayliant Quantamental China Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rayliant Quantamental China Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.