Rayliant Quantamental China Equity ETF (NYSEARCA:RAYC – Get Free Report)’s stock price dropped 0.5% during trading on Thursday . The company traded as low as $15.22 and last traded at $15.31. Approximately 5,233 shares traded hands during trading, a decline of 55% from the average daily volume of 11,650 shares. The stock had previously closed at $15.39.
Rayliant Quantamental China Equity ETF Stock Performance
The firm has a market capitalization of $39.81 million, a P/E ratio of 10.44 and a beta of 0.43. The firm has a 50 day moving average price of $14.23 and a two-hundred day moving average price of $13.86.
Rayliant Quantamental China Equity ETF Company Profile
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.
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