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Erayak Power Solution Group (NASDAQ:RAYA) Stock Price Down 1.4% - Time to Sell?

Erayak Power Solution Group logo with Computer and Technology background

Erayak Power Solution Group Inc. (NASDAQ:RAYA - Get Free Report)'s share price fell 1.4% during trading on Monday . The company traded as low as $1.95 and last traded at $2.08. 127,812 shares changed hands during mid-day trading, an increase of 332% from the average session volume of 29,584 shares. The stock had previously closed at $2.11.

Erayak Power Solution Group Trading Down 4.3%

The business's fifty day moving average price is $1.63 and its two-hundred day moving average price is $1.40. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.13 and a quick ratio of 1.56.

About Erayak Power Solution Group

(Get Free Report)

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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