Erayak Power Solution Group Inc. (RAYA)
Erayak Power Solution Group Inc. operates in the Electrical Equipment & Parts industry of the Industrials sector, headquartered in Wenzhou, ZH, CN. The stock last traded at $2.45, up 2.51% on the session, giving a market capitalisation of $2.5M. On trailing twelve-month figures it carries a trailing P/E of -0.07, a net margin of -6.1%. Its beta of 1.20 implies it has historically moved more than the broad market.
Erayak Power Solution Group Inc., along with its affiliated companies, is dedicated to the entire process of power solution products, encompassing innovation, production, and both wholesale and retail sales. Their comprehensive range of offerings includes diverse sine wave and off-grid inverters, various inverter and gasoline generators, advanced battery and smart charging devices, and bespoke product designs. These solutions are widely applied across sectors such as agricultural and industrial transportation, recreational vehicles, general electrical appliances, and outdoor lifestyle products. With a global reach, the company maintains operations in countries including China, France, Poland, Mexico, and the United Kingdom. Founded in Wenzhou, China, in 2009, Erayak Power Solution Group Inc. functions as a subsidiary of Erayak International Limited.
Erayak Power Solution Group Inc. is most often compared with the following Industrials names: