How to Buy Erayak Power Solution Group Stock
Erayak Power Solution Group Inc
Erayak Power Solution Group Inc. , through its subsidiaries, engages in the research and development, manufacture, and wholesale and retail of power solution products.
Erayak Power Solution Group stock last closed at $0.67, down 1.32% from the previous day, and has decreased 67.89% in one year. It has underperformed other stocks in the Electrical Equipment & Parts industry by 0.8 percentage points. Erayak Power Solution Group stock is currently +52.5% from its 52-week low of $0.44, and -74.96% from its 52-week high of $2.68.
There are currently 12.45M shares of RAYA outstanding. The market cap of RAYA is $8.35M. In the last 24 hours, 301,887 RAYA shares were traded.
How to Buy Erayak Power Solution Group Stock
Not sure how to invest in Erayak Power Solution Group stock? Here's how.
- Choose where to buy Erayak Power Solution Group stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you decide where to buy Erayak Power Solution Group stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your investment account: Select your payment method and add your details.
- Evaluate Erayak Power Solution Group stock: The Erayak Power Solution Group ticker symbol is RAYA. Is Erayak Power Solution Group stock a good investment? Should you buy shares of RAYA? How do RAYA's underlying business fundamentals look? Do top analysts think Erayak Power Solution Group is a good buy? Why has RAYA's stock price moved recently? (Hint: Our stock market research tools can help you understand if RAYA is a good stock to buy).
- Place your RAYA trade: Decide if you will purchase RAYA shares at the current market price or use a limit order to buy RAYA shares at a given price.
- Track your RAYA investment: Create a watchlist to key updates about your position in Erayak Power Solution Group stock.
Step 1: Choose where to buy Erayak Power Solution Group stock
You need a brokerage account in order to access the NASDAQ market and buy RAYA shares.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked the right brokerage, the next step is to fill out some personal information so you are able to buy RAYA stock today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to create a new brokerage account.
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Step 3: Fund your investment account
Now that you've finished signing up on the best stock app for beginners, you can securely and quickly fund your account:
Check out the tutorial below to see the process of transferring funds into your new brokerage account.
Step 4: Evaluate Erayak Power Solution Group stock
After you have decided on the best place to buy Erayak Power Solution Group stock, it's crucial to analyze their stock prior to investing, so you actually wrap your head around the risk as well as the opportunity.
Erayak Power Solution Group Metrics
RAYA Overview
WallStreetZen was created to help everyday investors perform more accurate fundamental analysis.
You can view all of the due diligence checks on RAYA's stock page.
Is RAYA stock overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge RAYA's fair value.
Using relative valuations measures:
- RAYA could be undervalued based on its P/E ratio of 6.71x, relative to Electrical Equipment & Parts industry P/E ratio of 28.32x
- RAYA may be undervalued based on its P/B ratio of 0.41x, relative to Electrical Equipment & Parts industry P/B ratio of 3.88x
You can do more valuation research on RAYA's stock here.
RAYA Financial Health Overview
Signs that RAYA is financially healthy:
- RAYA's operating cash flow of $6.73M allows it to safely service it's debt of $2.17M.
- There are more short-term assets than short-term liabilities on the RAYA balance sheet.
- There are more short-term assets than long-term liabilities on the RAYA balance sheet.
Signs that RAYA is not financially healthy:
- RAYA profit margin has gone down from 12.9% to 6% in the past year.
- RAYA has a relatively high debt to equity ratio of 0.75.
- RAYA earnings of $1.81M is not enough to cover its interest payments.
You can dig deeper into what analysts are saying on the Erayak Power Solution Group stock forecast page.
RAYA Technical Indicators
RAYA Performance Numbers
Last year, RAYA earnings were $1.22M. In the last 3 year, RAYA's earnings have increased by -99.98% per year. This was slower than the Electrical Equipment & Parts industry average of 37.53%.
Last year, RAYA revenue was $20.32M. During the past three year, RAYA's revenue has gone up by 76.01% per year. This was faster than the Electrical Equipment & Parts industry average of 10.11%.
Dive into RAYA's earnings and revenue performance here.
Are RAYA insiders buying or selling the stock?
In the past year, insiders at RAYA have not bought or sold any shares.
Get more info about who owns RAYA stock here.
Does RAYA stock generate passive income?
No, Erayak Power Solution Group doesn't provide an income stream by paying out dividends.
RAYA Social Trading Data
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Place your RAYA trade
You have two main order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally the best for newer investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a specific dollar amount limit, place a limit order.
Click the Open Trade button and eToro will execute your order.
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Step 6: Track your RAYA investment
Now that you own some shares in RAYA, you'll want to stay up-to-date on your stock purchase.
Start a watchlist to track the latest developments regarding your RAYA stock.
RAYA Feed
How to Buy Stock in Erayak Power Solution Group
To reiterate, here are the 6 steps to buy Erayak Power Solution Group stock:
- Choose where to buy Erayak Power Solution Group stock
- Sign up for a brokerage account
- Fund your investment account
- Evaluate Erayak Power Solution Group stock
- Place your RAYA trade
- Track your RAYA investment
If you need a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep track of your new investment in Erayak Power Solution Group, click below.
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