Erayak Power Solution Group (NASDAQ:RAYA) Trading Down 12.1% – Time to Sell?

Erayak Power Solution Group Inc. (NASDAQ:RAYAGet Free Report) shares fell 12.1% during trading on Thursday . The company traded as low as $1.22 and last traded at $1.23. 54,229 shares were traded during trading, a decline of 51% from the average session volume of 111,789 shares. The stock had previously closed at $1.40.

Erayak Power Solution Group Stock Performance

The stock has a 50 day moving average of $0.94 and a 200 day moving average of $0.86.

Erayak Power Solution Group Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Erayak Power Solution Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Erayak Power Solution Group and related companies with MarketBeat.com's FREE daily email newsletter.