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After finishing at $0.06 in the prior trading day, Erayak Power Solution Group Inc (NASDAQ: RAYA) closed at $0.08, up 41.41%. In other words, the price has increased by $41.41 from its previous closing price. On the day, 568.6 million shares were traded. RAYA stock price reached its highest trading level at $0.095 during the session, while it also had its lowest trading level at $0.0669.
Ratios:
Our goal is to gain a better understanding of RAYA by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.95 and its Current Ratio is at 2.13. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.15.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RAYA now has a Market Capitalization of 3782763 and an Enterprise Value of 12357533. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.17 while its Price-to-Book (P/B) ratio in mrq is 0.16. Its current Enterprise Value per Revenue stands at 0.408 whereas that against EBITDA is -12.1.
Stock Price History:
The Beta on a monthly basis for RAYA is 0.60, which has changed by -0.8936709 over the last 52 weeks, in comparison to a change of 0.20277917 over the same period for the S&P500. Over the past 52 weeks, RAYA has reached a high of $3.35, while it has fallen to a 52-week low of $0.05. The 50-Day Moving Average of the stock is -95.15%, while the 200-Day Moving Average is calculated to be -93.99%.
Shares Statistics:
The stock has traded on average 17.28M shares per day over the past 3-months and 163842080 shares per day over the last 10 days, according to various share statistics. A total of 49.59M shares are outstanding, with a floating share count of 30.99M. Insiders hold about 31.19% of the company’s shares, while institutions hold 0.09% stake in the company. Shares short for RAYA as of 1752537600 were 72576 with a Short Ratio of 0.00, compared to 1749772800 on 16710. Therefore, it implies a Short% of Shares Outstanding of 72576 and a Short% of Float of 0.2.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
