Erayak Power Solution Group Inc (NASDAQ: RAYA): How Can A Stock Be Up 213.25% Year To Date, But Still Loser

Erayak Power Solution Group Inc (NASDAQ:RAYA)’s traded shares stood at 0.57 million during the last session, with the company’s beta value hitting 0.75. At the close of trading, the stock’s price was $2.6, to imply an increase of 13.04% or $0.3 in intraday trading. The RAYA share’s 52-week high remains $2.88, putting it -10.77% down since that peak but still an impressive 78.46% since price per share fell to its 52-week low of $0.56. The company has a valuation of $117.09M, with an average of 0.27 million shares in intraday trading volume over the past 10 days and average of 61.73K shares over the past 3 months.

Erayak Power Solution Group Inc (NASDAQ:RAYA) trade information

After registering a 13.04% upside in the last session, Erayak Power Solution Group Inc (RAYA) has traded red over the past five days. The 5-day price performance for the stock is 31.31%, and 73.91% over 30 days. With these gigs, the year-to-date price performance is 213.25%. Short interest in Erayak Power Solution Group Inc (NASDAQ:RAYA) saw shorts transact 16710.0 shares and set a 0.36 days time to cover.

RAYA Dividends

Erayak Power Solution Group Inc has its next earnings report out in August. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Erayak Power Solution Group Inc (NASDAQ:RAYA)’s Major holders

Erayak Power Solution Group Inc insiders hold 20.62% of total outstanding shares, with institutional holders owning 0.08% of the shares at 0.11% float percentage. In total, 0.08% institutions holds shares in the company.

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