Orion Energy Systems Inc (OESX)’s Day in Review: Closing at 1.02, Up by 0.99

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After finishing at $1.01 in the prior trading day, Orion Energy Systems Inc (NASDAQ: OESX) closed at $1.02, up 0.99%. In other words, the price has increased by $0.99 from its previous closing price. On the day, 80040.0 shares were traded. OESX stock price reached its highest trading level at $1.03 during the session, while it also had its lowest trading level at $0.9802.

Ratios:

Our goal is to gain a better understanding of OESX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.95 and its Current Ratio is at 1.60. In the meantime, Its Debt-to-Equity ratio is 0.54 whereas as Long-Term Debt/Eq ratio is at 0.49.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, B. Riley Securities on November 10, 2021, Downgraded its rating to Neutral and sets its target price to $8.50 from $5 previously.

On June 02, 2021, ROTH Capital Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $14 to $7.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 14 ’24 when RICHSTONE ELLEN B bought 20,000 shares for $1.15 per share. The transaction valued at 22,900 led to the insider holds 256,784 shares of the business.

Wishart-Smith Heather L bought 9,025 shares of OESX for $10,017 on Jun 12 ’24. The Director now owns 67,223 shares after completing the transaction at $1.11 per share. On Jun 12 ’24, another insider, Otten Anthony L., who serves as the Director of the company, bought 5,000 shares for $1.09 each. As a result, the insider paid 5,450 and bolstered with 204,412 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OESX now has a Market Capitalization of 32906714 and an Enterprise Value of 39689584. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.37 while its Price-to-Book (P/B) ratio in mrq is 1.47. Its current Enterprise Value per Revenue stands at 0.438 whereas that against EBITDA is -5.159.

Stock Price History:

The Beta on a monthly basis for OESX is 1.47, which has changed by -0.375 over the last 52 weeks, in comparison to a change of 0.25510752 over the same period for the S&P500. Over the past 52 weeks, OESX has reached a high of $1.79, while it has fallen to a 52-week low of $0.81. The 50-Day Moving Average of the stock is 1.37%, while the 200-Day Moving Average is calculated to be 1.61%.

Shares Statistics:

The stock has traded on average 61.10K shares per day over the past 3-months and 172720 shares per day over the last 10 days, according to various share statistics. A total of 32.57M shares are outstanding, with a floating share count of 27.68M. Insiders hold about 15.45% of the company’s shares, while institutions hold 51.74% stake in the company. Shares short for OESX as of 1718323200 were 102060 with a Short Ratio of 1.67, compared to 1715731200 on 115343. Therefore, it implies a Short% of Shares Outstanding of 102060 and a Short% of Float of 0.33000002.

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