Investment analysts at StockNews.com began coverage on shares of Orion Energy Systems (NASDAQ:OESX – Get Rating) in a note issued to investors on Wednesday. The firm set a “hold” rating on the electronics maker’s stock.
Orion Energy Systems Stock Down 7.3 %
NASDAQ OESX opened at $1.66 on Wednesday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.27 and a current ratio of 3.64. The firm has a 50-day simple moving average of $1.98 and a 200 day simple moving average of $1.81. Orion Energy Systems has a twelve month low of $1.41 and a twelve month high of $3.42. The stock has a market cap of $53.10 million, a PE ratio of -9.76 and a beta of 1.98.
Orion Energy Systems (NASDAQ:OESX – Get Rating) last posted its quarterly earnings results on Tuesday, November 8th. The electronics maker reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.01). Orion Energy Systems had a negative return on equity of 8.02% and a negative net margin of 5.94%. The business had revenue of $17.56 million during the quarter, compared to analyst estimates of $19.10 million. On average, research analysts forecast that Orion Energy Systems will post -0.16 EPS for the current year.
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About Orion Energy Systems
Orion Energy Systems, Inc engages in the design, development, and trade of lighting systems, and retrofit lighting solutions. It operates through the following segments: Orion Services Group Division (OSG), Orion Distribution Services Division (ODS), Orion U.S. Markets Division (USM), and Corporate and Other.
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