Shares of Erayak Power Solution Group Inc. (NASDAQ:RAYA - Get Free Report) fell 1.2% on Monday . The company traded as low as $1.77 and last traded at $2.50. 2,124,618 shares were traded during trading, an increase of 2,558% from the average session volume of 79,939 shares. The stock had previously closed at $2.53.
Erayak Power Solution Group Price Performance
The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.56 and a current ratio of 2.13. The business's 50 day simple moving average is $1.88 and its 200 day simple moving average is $1.52.
About Erayak Power Solution Group
(
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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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