RAYA Stock Overview
Through its subsidiaries, engages in the research and development, manufacture, and wholesale and retail of power solution products in China, Australia, Poland, the United Kingdom, Germany, and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 2/6 |
| Past Performance | 1/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
Erayak Power Solution Group Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$0.87 |
| 52 Week High | US$2.68 |
| 52 Week Low | US$0.44 |
| Beta | 0 |
| 1 Month Change | 38.11% |
| 3 Month Change | 31.79% |
| 1 Year Change | -53.72% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -74.18% |
Recent News & Updates
There May Be Reason For Hope In Erayak Power Solution Group's (NASDAQ:RAYA) Disappointing Earnings
Apr 25
Erayak Power Solution Group (NASDAQ:RAYA) Will Want To Turn Around Its Return Trends
Mar 09Recent updates
Shareholder Returns
| RAYA | US Electrical | US Market | |
|---|---|---|---|
| 7D | -8.5% | -4.4% | -0.6% |
| 1Y | -53.7% | 28.2% | 22.4% |
Return vs Industry: RAYA underperformed the US Electrical industry which returned 30.4% over the past year.
Return vs Market: RAYA underperformed the US Market which returned 22.5% over the past year.
Price Volatility
| RAYA volatility | |
|---|---|
| RAYA Average Weekly Movement | 21.3% |
| Electrical Industry Average Movement | 10.2% |
| Market Average Movement | 5.8% |
| 10% most volatile stocks in US Market | 15.7% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: RAYA's share price has been volatile over the past 3 months.
Volatility Over Time: RAYA's weekly volatility (21%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2019 | 290 | Cory Kong | erayakpower.com |
Erayak Power Solution Group Inc., through its subsidiaries, engages in the research and development, manufacture, and wholesale and retail of power solution products in China, Australia, Poland, the United Kingdom, Germany, and internationally. The company offers sine wave and off-grid inverters, inverter and gasoline generators, battery and smart chargers, and custom-designed products. Its products are used in agricultural and industrial vehicles, recreational vehicles, electrical appliances, and outdoor living products.
Erayak Power Solution Group Inc. Fundamentals Summary
| RAYA fundamental statistics | |
|---|---|
| Market cap | US$11.06m |
| Earnings (TTM) | US$1.22m |
| Revenue (TTM) | US$20.32m |
8.6x
P/E Ratio0.5x
P/S RatioIs RAYA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RAYA income statement (TTM) | |
|---|---|
| Revenue | US$20.32m |
| Cost of Revenue | US$15.38m |
| Gross Profit | US$4.94m |
| Other Expenses | US$3.72m |
| Earnings | US$1.22m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.10 |
| Gross Margin | 24.31% |
| Net Profit Margin | 6.00% |
| Debt/Equity Ratio | 22.0% |
How did RAYA perform over the long term?
See historical performance and comparison