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The price of Erayak Power Solution Group Inc (NASDAQ: RAYA) closed at $2.45 in the last session, down -18.06% from day before closing price of $2.99. In other words, the price has decreased by -$18.06 from its previous closing price. On the day, 0.55 million shares were traded. RAYA stock price reached its highest trading level at $3.02 during the session, while it also had its lowest trading level at $2.33.
Ratios:
We take a closer look at RAYA’s different ratios to gain a better understanding of the stock. 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 110330608 and an Enterprise Value of 134578704. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.64 while its Price-to-Book (P/B) ratio in mrq is 4.66. Its current Enterprise Value per Revenue stands at 4.441 whereas that against EBITDA is -131.779.
Stock Price History:
The Beta on a monthly basis for RAYA is 0.67, which has changed by 1.7252502 over the last 52 weeks, in comparison to a change of 0.10500872 over the same period for the S&P500. Over the past 52 weeks, RAYA has reached a high of $3.14, while it has fallen to a 52-week low of $0.56. The 50-Day Moving Average of the stock is 36.57%, while the 200-Day Moving Average is calculated to be 82.54%.
Shares Statistics:
According to the various share statistics, RAYA traded on average about 84.93K shares per day over the past 3-months and 396170 shares per day over the past 10 days. 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 1749772800 were 16710 with a Short Ratio of 0.20, compared to 1747267200 on 7438. Therefore, it implies a Short% of Shares Outstanding of 16710 and a Short% of Float of 0.05.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
