Media stories about Orion Energy Systems (NASDAQ:OESX) have trended somewhat positive this week, according to Accern. The research group rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Orion Energy Systems earned a news sentiment score of 0.22 on Accern’s scale. Accern also assigned news articles about the electronics maker an impact score of 47.4703291513668 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Shares of Orion Energy Systems (NASDAQ:OESX) traded down $0.02 during midday trading on Friday, reaching $0.82. The company’s stock had a trading volume of 21,967 shares, compared to its average volume of 139,284. Orion Energy Systems has a 1 year low of $0.73 and a 1 year high of $2.11. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.78 and a quick ratio of 1.27. The firm has a market capitalization of $23.72, a price-to-earnings ratio of -1.22 and a beta of 1.12.
Orion Energy Systems (NASDAQ:OESX) last issued its earnings results on Wednesday, February 7th. The electronics maker reported ($0.05) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.06) by $0.01. Orion Energy Systems had a negative return on equity of 57.15% and a negative net margin of 31.32%. The firm had revenue of $17.26 million for the quarter, compared to analyst estimates of $18.55 million. equities research analysts predict that Orion Energy Systems will post -0.49 earnings per share for the current year.
OESX has been the topic of several research reports. HC Wainwright reissued a “buy” rating on shares of Orion Energy Systems in a research report on Friday, November 3rd. Zacks Investment Research lowered Orion Energy Systems from a “buy” rating to a “hold” rating in a research report on Wednesday, November 8th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company. The company has an average rating of “Hold” and an average price target of $1.33.
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Orion Energy Systems Company Profile
Orion Energy Systems, Inc is a designer and manufacturer of lighting platforms. The Company researches, develops, designs, manufactures, markets, sells and implements energy management systems consisting primarily of commercial and industrial interior and exterior lighting systems, and related services.
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