Business
RZI) shares at new 52-week high
Raiz Invest Ltd (ASX: RZI) shares are shooting the moon today, rising 7.61% at the time of writing to 99 cents a share. The Raiz share price closed at 92 cents yesterday afternoon before opening at 93 cents this morning. The company’s shares then shot as high as $1.03 (a new 52-week high), before settling to their current price.
At 99 cents per share, Raiz Invest is valued at a market capitalisation of around $70 million.
It’s been a topsy-turvy year for the Raiz share price. It started out the year at 83 cents and climbed as high as 98 cents in February before the coronavirus-induced share market crash hit this company for six. Raiz shares fell almost 70% between 19 February and 23 March. However, they have also risen 230%…
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