Weiss Ratings Reiterates “Sell (D)” Rating for Erayak Power Solution Group (NASDAQ:RAYA)

Erayak Power Solution Group (NASDAQ:RAYA)‘s stock had its “sell (d)” rating reissued by research analysts at Weiss Ratings in a research note issued on Saturday,Weiss Ratings reports.

Separately, Wall Street Zen upgraded Erayak Power Solution Group to a “sell” rating in a report on Friday, October 3rd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.

Erayak Power Solution Group Stock Down 0.2%

Shares of NASDAQ:RAYA opened at $5.03 on Friday. The firm’s 50 day simple moving average is $8.77 and its 200-day simple moving average is $215.78. Erayak Power Solution Group has a one year low of $3.65 and a one year high of $737.00.

Erayak Power Solution Group Company Profile

Erayak Power Solution Group Inc, through its subsidiaries, engages in the research and development, manufacture, and wholesale and retail of power solution products. Its product portfolio includes sine wave and off-grid inverters, inverter and gasoline generators, battery and smart chargers, and custom-designed products.