Erayak Power Solution (RAYA) Stock Surges 49% After Hours: Here's What Is Happening
Benzinga (Thu, 9-Apr 11:51 PM ET)
Erayak Power Solution Group Raises US$400,000 via Regulation S Share Placement to Non-U.S. Investors
TipRanks (Thu, 9-Apr 5:14 PM ET)
PRNewswire (Wed, 25-Mar 8:05 AM ET)
PRNewswire (Tue, 24-Mar 8:05 AM ET)
PRNewswire (Fri, 23-Jan 7:00 AM ET)
Erayak Power Solution Group Inc engages in manufacturing, research and development, 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. It derives the majority revenue from four products namely inverters, chargers, power bank, and gasoline generators. The company generates the majority of its revenue from Inverters. The company geographically operates in China, Australia, Poland, U.K., and Germany. It derives maximum revenue from China.
Erayak Power Solution Group - Class A trades on the NASDAQ stock market under the symbol RAYA.
As of April 9, 2026, RAYA stock price climbed to $0.46 with 319,182 million shares trading.
RAYA has a beta of -0.50, meaning it tends to be less sensitive to market movements. RAYA has a correlation of 0.00 to the broad based SPY ETF.
RAYA has a market cap of $2.19 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, RAYA traded as high as $737.00 and as low as $.31.
RAYA has underperformed the market in the last year with a return of -99.8%, while the SPY ETF gained +38.4%. In the last 3 month period, RAYA fell short of the market, returning -87.5%, while SPY returned -1.1%. However, in the most recent 2 weeks RAYA has outperformed the stock market by returning +6.2%, while SPY returned +3.5%.
RAYA support price is $.38 and resistance is $.46 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RAYA shares will trade within this expected range on the day.