Erayak Power Solution Group Inc. (NASDAQ:RAYA – Get Free Report) shares shot up 2.1% on Friday . The company traded as high as $1.48 and last traded at $1.47. 1,626 shares changed hands during trading, a decline of 94% from the average session volume of 27,552 shares. The stock had previously closed at $1.44.
Erayak Power Solution Group Stock Performance
The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.41 and a current ratio of 2.10. The stock’s 50 day simple moving average is $1.42 and its two-hundred day simple moving average is $1.32.
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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