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Erayak Power Solution Group NasdaqCM:RAYA Stock Report

Last Price

US$0.65

Market Cap

US$7.8m

7D

-4.0%

1Y

-64.7%

Updated

25 Apr, 2024

Data

Company Financials +

Erayak Power Solution Group Inc.

NasdaqCM:RAYA Stock Report

Market Cap: US$7.8m

RAYA Stock Overview

Erayak Power Solution Group Inc., through its subsidiaries, engages in the research and development, manufacture, and wholesale and retail of power solution products.

RAYA fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance1/6
Financial Health4/6
Dividends0/6

Rewards

Risk Analysis

Erayak Power Solution Group Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Erayak Power Solution Group
Historical stock prices
Current Share PriceUS$0.65
52 Week HighUS$2.68
52 Week LowUS$0.44
Beta0
1 Month Change6.87%
3 Month Change5.32%
1 Year Change-64.70%
3 Year Changen/a
5 Year Changen/a
Change since IPO-80.62%

Recent News & Updates

There May Be Reason For Hope In Erayak Power Solution Group's (NASDAQ:RAYA) Disappointing Earnings

Apr 25
There May Be Reason For Hope In Erayak Power Solution Group's (NASDAQ:RAYA) Disappointing Earnings

Erayak Power Solution Group (NASDAQ:RAYA) Will Want To Turn Around Its Return Trends

Mar 09
Erayak Power Solution Group (NASDAQ:RAYA) Will Want To Turn Around Its Return Trends

Recent updates

There May Be Reason For Hope In Erayak Power Solution Group's (NASDAQ:RAYA) Disappointing Earnings

Apr 25
There May Be Reason For Hope In Erayak Power Solution Group's (NASDAQ:RAYA) Disappointing Earnings

Erayak Power Solution Group (NASDAQ:RAYA) Will Want To Turn Around Its Return Trends

Mar 09
Erayak Power Solution Group (NASDAQ:RAYA) Will Want To Turn Around Its Return Trends

Lacklustre Performance Is Driving Erayak Power Solution Group Inc.'s (NASDAQ:RAYA) 25% Price Drop

Jul 20
Lacklustre Performance Is Driving Erayak Power Solution Group Inc.'s (NASDAQ:RAYA) 25% Price Drop

Shareholder Returns

RAYAUS ElectricalUS Market
7D-4.0%1.7%1.2%
1Y-64.7%34.7%24.9%

Price Volatility

Is RAYA's price volatile compared to industry and market?
RAYA volatility
RAYA Average Weekly Movement24.4%
Electrical Industry Average Movement9.5%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

About the Company

FoundedEmployeesCEOWebsite
2004290Cory Kongerayakpower.com

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.

Erayak Power Solution Group Inc. Fundamentals Summary

How do Erayak Power Solution Group's earnings and revenue compare to its market cap?
RAYA fundamental statistics
Market capUS$7.84m
Earnings (TTM)US$1.22m
Revenue (TTM)US$20.32m

6.4x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RAYA income statement (TTM)
RevenueUS$20.32m
Cost of RevenueUS$15.38m
Gross ProfitUS$4.94m
Other ExpensesUS$3.72m
EarningsUS$1.22m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.10
Gross Margin24.31%
Net Profit Margin6.00%
Debt/Equity Ratio22.0%

How did RAYA perform over the long term?

See historical performance and comparison
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