The stock of Orion Energy Systems Inc (OESX) has gone up by 5.71% for the week, with a -0.55% drop in the past month and a -1.14% drop in the past quarter. The volatility ratio for the week is 4.15%, and the volatility levels for the past 30 days are 6.60% for OESX. The simple moving average for the past 20 days is 2.36% for OESX’s stock, with a -10.28% simple moving average for the past 200 days.
Is It Worth Investing in Orion Energy Systems Inc (NASDAQ: OESX) Right Now?
Additionally, the 36-month beta value for OESX is 1.35. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for OESX is 31.52M and currently, short sellers hold a 0.27% ratio of that float. The average trading volume of OESX on January 03, 2025 was 81.50K shares.
OESX) stock’s latest price update
Orion Energy Systems Inc (NASDAQ: OESX)’s stock price has dropped by -1.14 in relation to previous closing price of 0.85. Nevertheless, the company has seen a gain of 5.71% in its stock price over the last five trading days. globenewswire.com reported 2024-12-12 that Orion (OESX) Secures Three-Year Contract with a Leading Energy Services Company (ESCO) Anticipated to Generate LED Lighting Revenue of $5M-$10M Per Year.
Analysts’ Opinion of OESX
Many brokerage firms have already submitted their reports for OESX stocks, with B. Riley Securities repeating the rating for OESX by listing it as a “Neutral.” The predicted price for OESX in the upcoming period, according to B. Riley Securities is $8.50 based on the research report published on November 10, 2021 of the previous year 2021.
ROTH Capital, on the other hand, stated in their research note that they expect to see OESX reach a price target of $7, previously predicting the price at $14. The rating they have provided for OESX stocks is “Neutral” according to the report published on June 02nd, 2021.
B. Riley Securities gave a rating of “Buy” to OESX, setting the target price at $10.50 in the report published on April 15th of the previous year.
OESX Trading at -4.50% from the 50-Day Moving Average
After a stumble in the market that brought OESX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -45.40% of loss for the given period.
Volatility was left at 6.60%, however, over the last 30 days, the volatility rate increased by 4.15%, as shares sank -2.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -13.46% lower at present.
During the last 5 trading sessions, OESX rose by +6.29%, which changed the moving average for the period of 200-days by -6.67% in comparison to the 20-day moving average, which settled at $0.8163. In addition, Orion Energy Systems Inc saw 4.41% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at OESX starting from Otten Anthony L., who purchase 5,000 shares at the price of $0.86 back on Nov 18 ’24. After this action, Otten Anthony L. now owns 209,412 shares of Orion Energy Systems Inc, valued at $4,298 using the latest closing price.
RICHSTONE ELLEN B, the Director of Orion Energy Systems Inc, purchase 20,000 shares at $1.15 during a trade that took place back on Jun 14 ’24, which means that RICHSTONE ELLEN B is holding 256,784 shares at $22,900 based on the most recent closing price.
Stock Fundamentals for OESX
Current profitability levels for the company are sitting at:
- -0.07 for the present operating margin
- 0.24 for the gross margin
The net margin for Orion Energy Systems Inc stands at -0.09. The total capital return value is set at -0.21. Equity return is now at value -41.77, with -13.15 for asset returns.
Based on Orion Energy Systems Inc (OESX), the company’s capital structure generated 0.44 points at debt to capital in total, while cash flow to debt ratio is standing at -0.1. The debt to equity ratio resting at 0.79. The interest coverage ratio of the stock is -6.26.
Currently, EBITDA for the company is -8.29 million with net debt to EBITDA at -1.58. When we switch over and look at the enterprise to sales, we see a ratio of 0.38. The receivables turnover for the company is 5.2for trailing twelve months and the total asset turnover is 1.63. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.49.
Conclusion
In conclusion, Orion Energy Systems Inc (OESX) has seen mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
