Raytech Holding Faces Nasdaq Compliance Challenge
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Raytech Holding Limited (RAY) faces a compliance challenge from Nasdaq after receiving a notification for non-compliance with the minimum bid price requirement, as its shares traded below $1.00 for 30 consecutive business days. The company has until April 13, 2026, to regain compliance. Spark's AI Analyst rates RAY as Neutral, noting strong financial performance but potential near-term weakness in technical analysis. The absence of key valuation metrics adds uncertainty to the stock's valuation.
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