Erayak Power Solution Group (NASDAQ:RAYA) Trading 1.6% Higher – Here’s Why

Erayak Power Solution Group Inc. (NASDAQ:RAYAGet Free Report)’s share price traded up 1.6% on Tuesday . The stock traded as high as $1.29 and last traded at $1.29. 4,433 shares were traded during trading, a decline of 55% from the average session volume of 9,823 shares. The stock had previously closed at $1.27.

Erayak Power Solution Group Stock Performance

The company’s 50 day moving average price is $1.28 and its two-hundred day moving average price is $1.09. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.41 and a current ratio of 2.10.

Erayak Power Solution Group Company Profile

(Get Free Report)

Erayak Power Solution Group Inc, through its subsidiaries, engages in the research and development, manufacture, and wholesale and retail of power solution products. Its product portfolio includes sine wave and off-grid inverters, inverter and gasoline generators, battery and smart chargers, and custom-designed products.

Featured Stories

Receive News & Ratings for Erayak Power Solution Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Erayak Power Solution Group and related companies with MarketBeat.com's FREE daily email newsletter.