NASDAQ:RAYA Erayak Power Solution Group (RAYA) Stock Price, News & Analysis → Forget the “Magnificent 7” Tech Companies, Buy This AI Stock Instead (From Banyan Hill Publishing) (Ad) Free RAYA Stock Alerts $0.72 +0.10 (+15.79%) (As of 05:33 PM ET) Add Compare Share Share Today's Range$0.61▼$0.7250-Day Range$0.55▼$0.9552-Week Range$0.44▼$2.68Volume85,152 shsAverage Volume196,130 shsMarket Capitalization$8.96 millionP/E RatioN/ADividend YieldN/APrice TargetN/A Stock AnalysisStock AnalysisChartCompetitorsFinancialsHeadlinesSEC FilingsShort InterestSocial MediaStock AnalysisChartCompetitorsFinancialsHeadlinesSEC FilingsShort InterestSocial Media Get Erayak Power Solution Group alerts: Email Address Erayak Power Solution Group MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.77% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.30Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth7.14%From $0.28 to $0.30 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.0.71 out of 5 stars N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Erayak Power Solution Group.Read more about Erayak Power Solution Group's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.77% of the float of Erayak Power Solution Group has been sold short.Short Interest Ratio / Days to CoverErayak Power Solution Group has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Erayak Power Solution Group has recently increased by 166.67%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldErayak Power Solution Group does not currently pay a dividend.Dividend GrowthErayak Power Solution Group does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RAYA. Previous Next 2.4 News and Social Media Coverage News SentimentErayak Power Solution Group has a news sentiment score of 0.30. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.52 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Erayak Power Solution Group this week, compared to 0 articles on an average week.Search Interest1 people have searched for RAYA on MarketBeat in the last 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Erayak Power Solution Group insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 0.33% of the stock of Erayak Power Solution Group is held by institutions.Read more about Erayak Power Solution Group's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Erayak Power Solution Group are expected to grow by 7.14% in the coming year, from $0.28 to $0.30 per share.Price to Book Value per Share RatioErayak Power Solution Group has a P/B Ratio of 0.43. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Erayak Power Solution Group's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Banyan Hill PublishingLook Who Fired the World’s Richest ManThis company is tiny… but already has contracts with 30 federal agencies and services some of the biggest companies in the U.S. And demand for the technology is unprecedented … “unlike anything we have seen in the past,” says a spokesman.Get the full story here. About Erayak Power Solution Group Stock (NASDAQ:RAYA)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. The company's products are used in agricultural and industrial vehicles, recreational vehicles, electrical appliances, and outdoor living products. It operates in China, France, Poland, Mexico, and the United Kingdom. The company was incorporated in 2019 and is based in Wenzhou, the People's Republic of China. Erayak Power Solution Group Inc. operates as a subsidiary of Erayak International Limited.Read More RAYA Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RAYA Stock News HeadlinesMay 9, 2024 | seekingalpha.comORBT Orbit International Corp.April 17, 2024 | reuters.comIraqi, US companies sign agreements to capture, burn gas for powerDecember 13, 2023 | finance.yahoo.comReturns On Capital At Erayak Power Solution Group (NASDAQ:RAYA) Paint A Concerning PictureNovember 21, 2023 | wsj.comErayak Power Solution Group Inc.November 20, 2023 | msn.comErayak Power Solution announces receipt of Nasdaq minimum bid price notificationNovember 20, 2023 | finance.yahoo.comErayak Power Solution Group Inc. Announces Receipt of Nasdaq Minimum Bid Price NotificationNovember 20, 2023 | finance.yahoo.comDiamond Equity Research Initiates Coverage on Erayak Power Solution Group Inc. (NASDAQ: RAYA)October 17, 2023 | finance.yahoo.comErayak Power Solution Group Inc. to Participate in Two Upcoming Conferences in October 2023September 28, 2023 | finance.yahoo.comErayak Power Solution Group Inc. In Discussions with Potential Strategic Partners to Expand Market Opportunities and Product OfferingsSeptember 21, 2023 | msn.comSafe & Green, Erayak Power, LanzaTech Global among industrial moversSeptember 8, 2023 | msn.comSierra Leone hit by power cuts after Turkish power ship switches off supplyAugust 19, 2023 | seekingalpha.comRAYA Erayak Power Solution Group Inc.August 7, 2023 | finance.yahoo.comErayak Power Solution Group Inc. Participated in the 2023 Wenzhou Bay New Area Jinhai Lake Starlight Market Festival, from July 21 to July 23August 2, 2023 | investing.comErayak Power Solution Group Inc (RAYA)July 28, 2023 | finance.yahoo.comErayak Power Solution Group Inc. to Deliver a Live Presentation at the Skyline Signature Series™ on Monday, July 24, 2023July 28, 2023 | finance.yahoo.comErayak Power Solution Group Inc. (NASDAQ:RAYA) Delivered A Better ROE Than Its IndustrySee More Headlines Receive RAYA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Erayak Power Solution Group and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Today5/16/2024Next Earnings (Estimated)7/16/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Motors & generators Sub-IndustryN/A Current SymbolNASDAQ:RAYA CUSIPN/A CIK1825875 Weberayakpower.com Phone86-577-8682-9999FaxN/AEmployees132Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity Ratio0.09 Current Ratio1.67 Quick Ratio1.14 Sales & Book Value Annual Sales$20.32 million Price / Sales0.43 Cash Flow$0.13 per share Price / Cash Flow5.25 Book Value$1.62 per share Price / Book0.43Miscellaneous Outstanding Shares12,450,000Free FloatN/AMarket Cap$8.72 million OptionableNot Optionable Beta1.41 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Lingyi Kong (Age 29)Chairman & CEO Ms. Lanling Gu (Age 36)Chief Financial Officer Colleen A De VriesSenior Vice PresidentKey CompetitorsAmesiteNASDAQ:AMSTSpectaireNASDAQ:SPECEMCORENASDAQ:EMKRSpringBigNASDAQ:SBIGSilynxcomNYSE:SYNXView All Competitors RAYA Stock Analysis - Frequently Asked Questions How have RAYA shares performed in 2024? Erayak Power Solution Group's stock was trading at $1.10 on January 1st, 2024. Since then, RAYA stock has decreased by 36.4% and is now trading at $0.70. View the best growth stocks for 2024 here. When is Erayak Power Solution Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 16th 2024. View our RAYA earnings forecast. When did Erayak Power Solution Group IPO? Erayak Power Solution Group (RAYA) raised $12 million in an initial public offering (IPO) on Wednesday, December 14th 2022. The company issued 3,000,000 shares at $4.00 per share. Craft Capital Management and R.F. Lafferty & Co. acted as the underwriters for the IPO. How do I buy shares of Erayak Power Solution Group? Shares of RAYA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:RAYA) was last updated on 5/16/2024 by MarketBeat.com Staff From Our PartnersHealthcare Takes A Big Step Forward With The Help Of AIThe Bull ReportBiden to Drop BOMBSHELL June 13th?Paradigm PressElon to Transform U.S. Economy? 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