Erayak Power Solution Group Inc. (NASDAQ:RAYA – Get Free Report)’s share price rose 1.2% on Thursday . The stock traded as high as $1.22 and last traded at $1.24. Approximately 898 shares were traded during trading, a decline of 98% from the average daily volume of 43,430 shares. The stock had previously closed at $1.22.
Erayak Power Solution Group Price Performance
The firm has a 50 day moving average price of $1.29 and a two-hundred day moving average price of $1.15. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.41 and a current ratio of 2.10.
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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