Erayak Power Solution Group Inc. (NASDAQ:RAYA – Get Free Report) shares were down 4.4% on Friday . The company traded as low as $1.21 and last traded at $1.29. Approximately 2,439 shares were traded during trading, a decline of 85% from the average daily volume of 16,210 shares. The stock had previously closed at $1.35.
Erayak Power Solution Group Stock Down 4.4 %
The company has a quick ratio of 1.41, a current ratio of 2.10 and a debt-to-equity ratio of 0.06. The firm’s fifty day moving average is $1.25 and its two-hundred day moving average is $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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