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 $1.27, up 0% from the previous day, and has increased 122.81% in one year. It has overperformed other stocks in the Electrical Equipment & Parts industry by 1.34 percentage points. Erayak Power Solution Group stock is currently +130.91% from its 52-week low of $0.55, and -28.65% from its 52-week high of $1.78.

At the moment, there are 28M shares of RAYA outstanding. The market cap of RAYA is $35.56M. In the past 24 hours, 144 RAYA shares were traded.

How to Buy Erayak Power Solution Group Stock

Wondering how to invest in Erayak Power Solution Group stock? Here's how.

  1. Choose where to buy Erayak Power Solution Group stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you choose where to buy Erayak Power Solution Group stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Fund your investment account: Choose your payment method and add your information.
  4. 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).
  5. Place your RAYA trade: Decide if you will purchase RAYA shares at the current market price or use a limit order to buy RAYA stock at a particular price.
  6. Track your RAYA investment: Create a watchlist to important updates regarding your new investment in Erayak Power Solution Group stock.

Step 1: Choose where to buy Erayak Power Solution Group stock

You need an online brokerage account in order to access the NASDAQ market and buy RAYA shares.

A brokerage account enables you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've selected the right brokerage, it's time to fill out some personal info so you can invest in RAYA stock today.

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Step 3: Fund your investment account

Now that you have finished signing up on the best stock app for beginners, you need to deposit funds:

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Step 4: Evaluate Erayak Power Solution Group stock

After you have chosen the best place to buy Erayak Power Solution Group stock, it's very important to analyze their stock prior to buying, so you truly comprehend the risk as well as the opportunity.

Erayak Power Solution Group shares quick numbers

RAYA Price
$1.27
1w %
0.79%
1y %
122.81%
5y %
N/A
P/E
-127x
P/B
1.33x
P/S
0.83x
PEG
N/A
Revenue
$22.82M
Earnings
-$315.00k
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$35.56M
Next Earnings
N/A
Next Dividend
N/A

Erayak Power Solution Group Fundamentals

WallStreetZen was designed to help average investors perform more accurate fundamental analysis.

You can see all of the due diligence checks on RAYA's stock page.

Is RAYA stock undervalued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge RAYA's true value.

Using relative valuations ratios:

  • RAYA may be undervalued based on its P/B ratio of 1.33x, relative to Electrical Equipment & Parts industry P/B ratio of 4.82x

You can do more valuation research on RAYA's stock here.

RAYA Financial Health Overview

Signs that RAYA is financially healthy:

  • There are more short-term assets than long-term liabilities on the RAYA balance sheet.
  • There are more short-term assets than short-term liabilities on the RAYA balance sheet.

Signs that RAYA is not financially healthy:

  • RAYA profit margin has gone down from 7.1% to -1.4% in the past year.
  • RAYA has a relatively high debt to equity ratio of 0.59.
  • RAYA has cash burn of 9280148. It does not have enough cash and short-term investments to cover this.
  • RAYA has $1.10M in cash and short term investments. This is not enough to cover its annual cash burn of $9.28M.

You can dig deeper into what analysts are saying on the Erayak Power Solution Group stock forecast page.

RAYA Technical Indicators

SMA10
1.28
SMA20
1.28
SMA50
1.27
SMA100
1.17
SMA200
0.99
MACD
0
MACD Signal
0
MACD Histogram
0
RSI
48.81
Stochastic %K
27.54
Stochastic %D
27.89
StochRSI %K
23.59
StochRSI %D
16.71

RAYA Performance Numbers

Last year, RAYA revenue was $22.82M. In the last 3 year, RAYA's revenue has increased by 75.22% per year. This was faster than the Electrical Equipment & Parts industry average of 8.33%.

You can research RAYA's earnings and revenue performance here.

Latest Insiders Trades at RAYA

In the past 12 months, insiders at RAYA have not bought or sold any shares.

Learn more about who owns RAYA shares here.

Does RAYA stock generate passive income?

No, Erayak Power Solution Group doesn't provide an income stream by paying out dividends.

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Step 5: Place your RAYA trade

There are two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are usually fine for most investors.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a given price limit, place a limit order.

Press the Open Trade button and eToro will place 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.

Create a watchlist to track the latest developments regarding your RAYA stock.

RAYA Feed

How to Buy Stock in Erayak Power Solution Group

To summarize, here are the 6 steps for buying Erayak Power Solution Group stock:

  1. Choose where to buy Erayak Power Solution Group stock
  2. Sign up for a brokerage account
  3. Fund your investment account
  4. Evaluate Erayak Power Solution Group stock
  5. Place your RAYA trade
  6. Track your RAYA investment

If you are looking for a brokerage, eToro is our favorite venue.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep tabs on your investment in Erayak Power Solution Group, add RAYA to your watchlist below.

NASDAQ: RAYA
$1.27+0.00 (+0%)
Updated Feb 13, 2025
Open eToro Account
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NASDAQ: RAYA
$1.27+0.00 (+0%)
Updated Feb 13, 2025
Open eToro Account
Your capital is at risk.

FAQ

How much does it cost to buy one Erayak Power Solution Group share?

As of Feb 13, 2025, it costs $1.27 to buy one share of Erayak Power Solution Group stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.64, you can buy 0.5 shares of RAYA.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Erayak Power Solution Group stock?

One way to place an order for Erayak Power Solution Group stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.