Erayak Power Solution Group Inc. (NASDAQ:RAYA – Get Free Report)’s stock price dropped 1.4% during mid-day trading on Monday . The stock traded as low as $1.95 and last traded at $2.08. Approximately 127,812 shares traded hands during trading, an increase of 332% from the average daily volume of 29,584 shares. The stock had previously closed at $2.11.
Erayak Power Solution Group Stock Performance
The firm’s fifty day moving average is $1.58 and its two-hundred day moving average is $1.38. The company has a current ratio of 2.10, a quick ratio of 1.41 and a debt-to-equity ratio of 0.06.
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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