Positive News SentimentPositive NewsNASDAQ:RAYA Erayak Power Solution Group (RAYA) Stock Price, News & Analysis → $9 AI Model with 90% Win Rate? (From Trade Machine) (Ad) Free RAYA Stock Alerts $0.85 -0.01 (-1.16%) (As of 06/12/2024 ET) Add Compare Share Share Today's Range$0.84▼$0.9250-Day Range$0.55▼$0.9552-Week Range$0.44▼$2.68Volume2,912 shsAverage Volume172,699 shsMarket Capitalization$10.58 millionP/E RatioN/ADividend YieldN/APrice TargetN/A Stock AnalysisStock AnalysisChartCompetitorsFinancialsHeadlinesSEC FilingsShort InterestTrendsStock AnalysisChartCompetitorsFinancialsHeadlinesSEC FilingsShort InterestTrends Get Erayak Power Solution Group alerts: Email Address Erayak Power Solution Group MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy1.65% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.91Based on 2 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.1.16 out of 5 starsComputer And Technology Sector505th out of 587 stocksMotors & Generators Industry3rd out of 5 stocks 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 Shorted1.65% 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 0.4, 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 43.19%, 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 4.4 News and Social Media Coverage News SentimentErayak Power Solution Group has a news sentiment score of 1.91. 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 higher news sentiment than the 1.01 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 2 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. MarketBeat Follows1 people have added Erayak Power Solution Group to their MarketBeat watchlist 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 0.52. 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 Trade Machine$9 AI Model with 90% Win Rate?What if I told you it could take just $9… To win 90% of your options trades?Click here to see this revolutionary AI model in action… 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 26, 2024 | finance.yahoo.comErayak Power Solution Group Inc. (RAYA)May 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 Today6/12/2024Next 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 / Sales0.51 Cash Flow$0.12 per share Price / Cash Flow6.91 Book Value$1.62 per share Price / Book0.52Miscellaneous Outstanding Shares12,450,000Free FloatN/AMarket Cap$10.46 million OptionableNot Optionable Beta1.96 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.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 CompetitorsGeneracNYSE:GNRCFranklin ElectricNASDAQ:FELEAmerican SuperconductorNASDAQ:AMSC374WaterNASDAQ:SCWOThe9NASDAQ:NCTYView 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 at the beginning of the year. Since then, RAYA shares have decreased by 22.7% and is now trading at $0.85. View the best growth stocks for 2024 here. Are investors shorting Erayak Power Solution Group? Erayak Power Solution Group saw a increase in short interest in May. As of May 31st, there was short interest totaling 49,400 shares, an increase of 43.2% from the May 15th total of 34,500 shares. Based on an average trading volume of 125,800 shares, the short-interest ratio is presently 0.4 days. Currently, 1.7% of the shares of the company are short sold. View Erayak Power Solution Group's Short Interest. 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 IPO on Wednesday, December 14th 2022. The company issued 3,000,000 shares at a price of $4.00 per share. Craft Capital Management and R.F. Lafferty & Co. served 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 6/12/2024 by MarketBeat.com Staff From Our Partners$9 AI Model with 90% Win Rate?What if I told you it could take just $9… To win 90% of your options trades?Trade Machine | SponsoredShocking $16T Elon Musk Crypto LeakReports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto mark...Crypto 101 Media | SponsoredTop 5 Tech Stocks to Buy for 2024The next evolution of technology is already upending industries worth $7 Trillion… It's already got the world'...Daily Market Alerts | SponsoredTop 5 AI Stocks to Buy for 2024The electric vehicle boom is accelerating – and fast.Market Moving Trends | SponsoredNo Strings Attached: Get 30 Days of Hedgeye’s Top Stock Picks for FreeOptimize your stock investing strategy with Hedgeye's Investing Ideas, where rigorous fundamental stock analys...Hedgeye | SponsoredHurry! Buy this stock before the Robinhood traders do!Robinhood traders have piled $78 billion into this market... Driving tiny tech stock gains of 3,000%, 8,942...Traders Agency | SponsoredThe Only Energy Play You Should Be Looking AtOpen AI’s Sam Altman recently helped this company raise $577 million in funding… What’s more is, It has alr...Wealthpin Pro | SponsoredA once-in-a-century investment opportunityIt's an under-the-radar stock reshaping a projected $109 billion industry - And, I believe, has far more poten...Stansberry Research | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Erayak Power Solution Group Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share Erayak Power Solution Group With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
