Erayak Power Solution Group (NASDAQ:RAYA) Stock Price Up 1.2% – Here’s What Happened

Erayak Power Solution Group Inc. (NASDAQ:RAYAGet Free Report) was up 1.2% during mid-day trading on Thursday . The stock traded as high as $1.22 and last traded at $1.24. Approximately 898 shares were traded during mid-day 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 Stock Up 2.1 %

The company has a debt-to-equity ratio of 0.06, a current ratio of 2.10 and a quick ratio of 1.41. The company’s 50 day simple moving average is $1.28 and its 200-day simple moving average is $1.15.

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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