Erayak Power Solution Group Inc (NASDAQ:RAYA) has a beta value of 0.72 and has seen 2.35 million shares traded in the last trading session. The company, currently valued at $113.93M, closed the last trade at $2.53 per share which meant it lost -$0.06 on the day or -2.32% during that session. The RAYA stock price is -24.11% off its 52-week high price of $3.14 and 77.87% above the 52-week low of $0.56. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.02 million shares traded. The 3-month trading volume is 157.77K shares.
Erayak Power Solution Group Inc (NASDAQ:RAYA) trade information
Sporting -2.32% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the RAYA stock price touched $2.53 or saw a rise of 19.43%. Year-to-date, Erayak Power Solution Group Inc shares have moved 205.22%, while the 5-day performance has seen it change -2.69%. Over the past 30 days, the shares of Erayak Power Solution Group Inc (NASDAQ:RAYA) have changed 22.82%. Short interest in the company has seen 16710.0 shares shorted with days to cover at 0.36.
Erayak Power Solution Group Inc (RAYA) estimates and forecasts
The company’s shares have gained 94.62% over the past 6 months.
RAYA Dividends
Erayak Power Solution Group Inc is expected to release its next earnings report in August this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Erayak Power Solution Group Inc (NASDAQ:RAYA)’s Major holders
Insiders own 20.62% of the company shares, while shares held by institutions stand at 0.08% with a share float percentage of 0.11%. Investors are also buoyed by the number of investors in a company, with Erayak Power Solution Group Inc having a total of 2.0 institutions that hold shares in the company.