Erayak Power Solution Group Inc. (NASDAQ:RAYA – Get Free Report) fell 4.4% on Friday . The stock traded as low as $1.21 and last traded at $1.29. 2,439 shares changed hands during trading, a decline of 85% from the average session volume of 16,210 shares. The stock had previously closed at $1.35.
Erayak Power Solution Group Price Performance
The company has a current ratio of 2.10, a quick ratio of 1.41 and a debt-to-equity ratio of 0.06. The company has a fifty day simple moving average of $1.25 and a 200-day simple moving average of $1.04.
Erayak Power Solution Group Company Profile
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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