RAYA vs. NEOV, SKYX, ULBI, STEM, ELVA, ZEO, SCWO, CBAT, LASE, and GWH
Should you be buying Erayak Power Solution Group stock or one of its competitors? The main competitors of Erayak Power Solution Group include NeoVolta (NEOV), SKYX Platforms (SKYX), Ultralife (ULBI), Stem (STEM), Electrovaya (ELVA), Zeo Energy (ZEO), 374Water (SCWO), CBAK Energy Technology (CBAT), Laser Photonics (LASE), and ESS Tech (GWH). These companies are all part of the "electrical equipment" industry.
Erayak Power Solution Group vs.
NeoVolta (NASDAQ:NEOV) and Erayak Power Solution Group (NASDAQ:RAYA) are both small-cap oils/energy companies, but which is the better business? We will compare the two companies based on the strength of their profitability, earnings, valuation, institutional ownership, dividends, media sentiment, analyst recommendations, risk and community ranking.
5.1% of NeoVolta shares are held by institutional investors. Comparatively, 0.3% of Erayak Power Solution Group shares are held by institutional investors. 15.2% of NeoVolta shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
In the previous week, NeoVolta's average media sentiment score of 0.00 equaled Erayak Power Solution Group'saverage media sentiment score.
Erayak Power Solution Group has a net margin of 0.00% compared to NeoVolta's net margin of -114.93%. Erayak Power Solution Group's return on equity of 0.00% beat NeoVolta's return on equity.
Erayak Power Solution Group has higher revenue and earnings than NeoVolta.
NeoVolta has a beta of -1.37, indicating that its stock price is 237% less volatile than the S&P 500. Comparatively, Erayak Power Solution Group has a beta of 0.29, indicating that its stock price is 71% less volatile than the S&P 500.
NeoVolta received 3 more outperform votes than Erayak Power Solution Group when rated by MarketBeat users.
NeoVolta currently has a consensus price target of $7.50, suggesting a potential upside of 97.89%. Given NeoVolta's stronger consensus rating and higher probable upside, equities analysts plainly believe NeoVolta is more favorable than Erayak Power Solution Group.
Summary
NeoVolta beats Erayak Power Solution Group on 7 of the 13 factors compared between the two stocks.
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This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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This page (NASDAQ:RAYA) was last updated on 1/21/2025 by MarketBeat.com Staff