StockNews.com assumed coverage on shares of Orion Energy Systems (NASDAQ:OESX – Free Report) in a research note issued to investors on Wednesday. The brokerage issued a hold rating on the electronics maker’s stock.
Orion Energy Systems Stock Down 4.5 %
Shares of OESX stock opened at $0.78 on Wednesday. Orion Energy Systems has a 1 year low of $0.68 and a 1 year high of $1.53. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.93 and a current ratio of 1.49. The business’s fifty day moving average is $0.83 and its 200-day moving average is $0.90. The stock has a market cap of $25.70 million, a PE ratio of -3.12 and a beta of 1.32.
Orion Energy Systems (NASDAQ:OESX – Get Free Report) last released its earnings results on Wednesday, November 6th. The electronics maker reported ($0.11) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.02). Orion Energy Systems had a negative return on equity of 48.81% and a negative net margin of 8.76%. The firm had revenue of $19.36 million for the quarter, compared to analyst estimates of $19.40 million. During the same period in the previous year, the firm earned ($0.14) earnings per share. Equities analysts expect that Orion Energy Systems will post -0.3 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
About Orion Energy Systems
Orion Energy Systems, Inc, together with its subsidiaries, researches, designs, develops, manufactures, markets, sells, installs, and implements energy management systems for commercial office and retail, area lighting, industrial applications, and government in North America and Germany. It operates in three segments: Lighting, Maintenance, and Electric Vehicle (EV).
Further Reading
- Five stocks we like better than Orion Energy Systems
- The How And Why of Investing in Oil Stocks
- Oracle Announces Game-Changing News for the AI Industry
- Want to Profit on the Downtrend? Downtrends, Explained.
- Netflix Adds 19 Million Subscribers, Growth Is Far From Over
- The Risks of Owning Bonds
- Tempus AI: A Game-Changer in AI-Powered Healthcare
Receive News & Ratings for Orion Energy Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Orion Energy Systems and related companies with MarketBeat.com's FREE daily email newsletter.