Orion Energy Systems Inc (OESX) saw an uptrend of 21.03% in the recent trading with $0.69 being its most recent. The current price level -36.70% lower than the highest price of $1.09 marked by the stock while trading over the past 52-weeks, whereas it is 25.45% higher than the lowest price of $0.55 the company dropped to over past 52-weeks. The latest news story on OESX appeared in (Zacks) under the title “Orion Energy Systems, Inc. (OESX) Reports Q1 Loss, Misses Revenue Estimates”.
Looking into the simple moving average, Orion Energy Systems Inc (OESX)’s stock stands at a SMA-50 of $0.6065 while that of 5-day is reading $0.6058.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and OESX’s SMA-200 as of now is $0.7595.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Strong Buy by 2 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.00 for the stock.
Orion Energy Systems Inc Earnings – What Happened With OESX
Coming around sales and income figures on OESX Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
Orion Energy Systems Inc – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 33.55 million. OESX does have institutional investors; and they hold 42.36% of the stock.
As on 2024-06-30, NORTH STAR INVESTMENT MANAGEMENT CORP. was the top most holder in Orion Energy Systems Inc (NASDAQ:OESX) with an ownership of 3.89 million shares of the company or 11.9155 of the stake worth $4.31 million. The filing also reveals GRACE & WHITE INC /NY as the second largest holder in the company with a control over 8.1629 of the outstanding shares. Its stake is worth $2.95 million for having 2.66 million shares in hand.
TIETON CAPITAL MANAGEMENT, LLC also came holding a key position in the company during the recent quarter and it now holds 6.7062 of the outstanding shares. With this there are now 42.0 institutions which have possession in OESX’s shares.
Key Metrics forOESX
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Orion Energy Systems Inc has a debt to equity ratio of 0.79.
