Erayak Power Solution Group (NASDAQ:RAYA) Receives Sell (D) Rating from Weiss Ratings

Erayak Power Solution Group (NASDAQ:RAYA)‘s stock had its “sell (d)” rating reissued by equities researchers at Weiss Ratings in a note issued to investors on Wednesday,Weiss Ratings reports.

Separately, Wall Street Zen upgraded shares of Erayak Power Solution Group to a “sell” rating in a research note on Friday, October 3rd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

Erayak Power Solution Group Trading Up 8.1%

Shares of RAYA opened at $5.73 on Wednesday. Erayak Power Solution Group has a 52 week low of $3.65 and a 52 week high of $737.00. The firm’s 50-day simple moving average is $10.85 and its 200 day simple moving average is $239.23.

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.