Erayak Power Solution Group (NASDAQ:RAYA) Shares Set to Reverse Split on Tuesday, September 30th

Erayak Power Solution Group Inc. (NASDAQ:RAYA) shares are going to reverse split on the morning of Tuesday, September 30th. The 1-220 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Monday, September 29th.

Erayak Power Solution Group Price Performance

Erayak Power Solution Group stock opened at $0.05 on Friday. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.13 and a quick ratio of 1.56. Erayak Power Solution Group has a twelve month low of $0.03 and a twelve month high of $3.35. The company’s 50-day moving average price is $0.13 and its two-hundred day moving average price is $1.16.

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.