Rayliant Quantamental China Equity ETF (NYSEARCA:RAYC) Shares Up 0.1% – Time to Buy?

Rayliant Quantamental China Equity ETF (NYSEARCA:RAYCGet Free Report)’s stock price traded up 0.1% during trading on Monday . The company traded as high as $14.88 and last traded at $14.88. 13,872 shares changed hands during mid-day trading, an increase of 22% from the average session volume of 11,376 shares. The stock had previously closed at $14.87.

Rayliant Quantamental China Equity ETF Price Performance

The company’s 50-day moving average price is $14.94 and its two-hundred day moving average price is $14.01. The company has a market capitalization of $38.69 million, a price-to-earnings ratio of 10.44 and a beta of 0.43.

About Rayliant Quantamental China Equity ETF

(Get Free Report)

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.

Further Reading

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