Erayak Power Solution Group (RAYA) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $1.32 to $1.32
• 50-Day Range: $1.12 to $1.40
• 52-Week Range: $0.50 to $1.78
• Volume: 1,679 shs
• Average Volume: 12,971 shs
• Market Capitalization: $37.38 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Erayak Power Solution Group Stock Analysis - MarketRank™

Erayak Power Solution Group scored higher than 26% of companies evaluated by MarketBeat, and ranked 635th out of 677 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Erayak Power Solution Group.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Book Value per Share Ratio

Erayak Power Solution Group has a P/B Ratio of 0.82. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.02% of the float of Erayak Power Solution Group has been sold short.

Short Interest Ratio / Days to Cover

Erayak Power Solution Group has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Erayak Power Solution Group has recently decreased by 65.93%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Erayak Power Solution Group does not currently pay a dividend.

Dividend Growth

Erayak Power Solution Group does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.02% of the float of Erayak Power Solution Group has been sold short.

Short Interest Ratio / Days to Cover

Erayak Power Solution Group has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Erayak Power Solution Group has recently decreased by 65.93%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 1.90

News Sentiment

Erayak Power Solution Group has a news sentiment score of 1.90. 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 0.67 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Erayak Power Solution Group this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Erayak Power Solution Group insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 0.33% of the stock of Erayak Power Solution Group is held by institutions.

RAYA Stock Analysis - Frequently Asked Questions

How have RAYA shares performed this year?

Erayak Power Solution Group's stock was trading at $1.36 on January 1st, 2025. Since then, RAYA shares have decreased by 1.8% and is now trading at $1.3350.
View the best growth stocks for 2025 here.

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.

What other stocks do shareholders of Erayak Power Solution Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Erayak Power Solution Group investors own include Avino Silver & Gold Mines (ASM), Avino Silver & Gold Mines (ASM), Cogent Communications (CCOI), PayPal (PYPL), Qifu Technology (QFIN), Sunrun (RUN) and Popular (BPOP).

Company Calendar

• Today: 1/30/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Motors & generators
• Sub-Industry: Electrical Equipment
• Current Symbol: NASDAQ:RAYA
• CUSIP: N/A
• CIK: 1825875
• Web: erayakpower.com
• Phone: 86-577-8682-9999
• Fax: N/A
• Employees: 120
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: 0.06
• Current Ratio: 2.10
• Quick Ratio: 1.41

Sales & Book Value

• Annual Sales: $20.32 million
• Price / Sales: 1.76
• Cash Flow: $0.12 per share
• Price / Cash Flow: 10.46
• Book Value: $1.62 per share
• Price / Book: 0.79

Miscellaneous

• Outstanding Shares: 28,000,000
• Free Float: N/A
• Market Cap: $35.84 million
• Optionable: Not Optionable
• Beta: 0.29