Its valuation is considered fairly valued,and institutional recognition is very high. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Score
Industry at a Glance
Industry Ranking
135 / 192
Overall Ranking
601 / 4720
Industry
Machinery, Tools, Heavy Vehicles, Trains & Ships
Support & Resistance
No Data
Score Analysis
Current score
Previous score
Analyst Rating
Based on
0
analysts
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Current Rating
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Target Price
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Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Company Highlights
StrengthsRisks
Erayak Power Solution Group Inc is principally engaged in the manufacturing, research and development, and wholesale and retail of power solution products. The Company's product portfolio includes sine wave and off-grid inverters, inverter and gasoline generators, battery and smart chargers, and custom-designed products. The Company's products are principally used in homes, campers, yachts, trucks, vans, solar energy systems, outdoor operations, new energy and other fields. The Company's products are exported to Japan, England, Germany, France, Spain, Switzerland, Sweden, the Netherlands, the U.S., Canada and other countries and regions.
Growing
The company is in a growing phase, with the latest annual income totaling USD 30.30M.
Turnaround to Loss
The company's performance has turned to a loss, with the latest annual loss of USD 1.12M.%!(EXTRA int=2)
Overvalued
The company’s latest PE is -2.70, at a high 3-year percentile range.
Institutional Buying
The latest institutional holdings are 10.28M shares, increasing 17.61% quarter-over-quarter.
Erayak Power Solution Group Inc is principally engaged in the manufacturing, research and development, and wholesale and retail of power solution products. The Company's product portfolio includes sine wave and off-grid inverters, inverter and gasoline generators, battery and smart chargers, and custom-designed products. The Company's products are principally used in homes, campers, yachts, trucks, vans, solar energy systems, outdoor operations, new energy and other fields. The Company's products are exported to Japan, England, Germany, France, Spain, Switzerland, Sweden, the Netherlands, the U.S., Canada and other countries and regions.