Erayak Power Solution Group Inc (NASDAQ: RAYA) is -85.23% lower on its value in year-to-date trading and has touched a low of $0.14 and a high of $3.35 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The RAYA stock was last observed hovering at around $0.21 in the last trading session, with the day’s loss setting it -0.08%.
Currently trading at $0.13, the stock is -93.74% and -93.22% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 89.49 million and changing -38.74% at the moment leaves the stock -91.02% off its SMA200. RAYA registered -90.66% loss for a year compared to 6-month gain of -89.84%. The firm has a 50-day simple moving average (SMA 50) of $1.87434 and a 200-day simple moving average (SMA200) of $1.4236.
The stock witnessed a -93.55% loss in the last 1 month and extending the period to 3 months gives it a -91.81%, and is -95.85% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 254.80% over the week and 78.05% over the month.
Erayak Power Solution Group Inc (RAYA) has around 360 employees, a market worth around $5.72M and $30.28M in sales. Profit margin for the company is -3.69%. Distance from 52-week low is -11.62% and -96.21% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.66%).
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Erayak Power Solution Group Inc (RAYA) Top Institutional Holders
2.0 institutions hold shares in Erayak Power Solution Group Inc (RAYA), with institutional investors hold 0.11% of the company’s shares. The shares outstanding are 49.59M, and float is at 30.99M with Short Float at 0.23%. Institutions hold 0.08% of the Float.
Erayak Power Solution Group Inc (RAYA) Insider Activity
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