Erayak Power Solution Group Inc. (NASDAQ:RAYA – Get Free Report) shot up 1.2% during mid-day trading on Thursday . The stock traded as high as $1.22 and last traded at $1.24. 898 shares changed hands during mid-day trading, a decline of 98% from the average session volume of 43,430 shares. The stock had previously closed at $1.22.
Erayak Power Solution Group Price Performance
The company has a debt-to-equity ratio of 0.06, a current ratio of 2.10 and a quick ratio of 1.41. The firm has a fifty day moving average of $1.29 and a 200-day moving average of $1.15.
About Erayak Power Solution Group
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.
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