Orion Energy Systems Inc. (OESX): Volume reached to 3.29 million

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Orion Energy Systems Inc. (NASDAQ:OESX) changes shares on Friday trading session, with a change of -4.73% or -$0.16 shares. The trading starts at $3.35 and closed at $3.38 throughout the day. The trading session low price was $3.03 and day high was $3.3899 on Friday, June 26. After the session, the Industrials sector daily volume shifted to 3.29 million while its average volume is 366.25K. In other hand, the OESX market cap reached to $90.32M.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -9.04% and down -27.80% for month. Its quarterly performance was -20.88% below, while its half year performance is down -3.59%. OESX yearly performance stood at positive 12.98% and fall -3.88% for year-to-date. Current recommendation for Orion Energy Systems Inc. is 2.00.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. OESX EPS (TTM) for 12-month is 0.41. EPS for this year is 277.50%, while for the next year its value is 0.43. Sales growth for the current quarter is 0.32 while its EPS Q/Q reached 41.10%. It has an EPS of 17.90% up for past five years and for the next five years will be up 25.00%.

Let’s take a look on the analyst recommendations on OESX for the current month and previous month. For the current month, 4 of 4 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 0 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings.

North Star Investment Management Corp, Renaissance Technologies, LLC and Vanguard Group, Inc. (The) are the top three holders in Orion Energy Systems Inc. (OESX) stock. On Mar 30, 2020, North Star Investment Management Corp has 3.62 million shares which valued 13.4 million. On Mar 30, 2020, Renaissance Technologies, LLC owned 2.36 million shares which valued at 8.73 million. On Mar 30, 2020, Vanguard Group, Inc. (The) has a total of 1.48 million shares which valued at 5.49 million. In the end, Vanguard Group, Inc. (The) have 4.90% shares outstanding of Orion Energy Systems Inc. (OESX) on Mar 30, 2020. The insider ownership moved to 8.60% and institutional holding shifted to 49.80%.

The company posted an EPS (TTM) of 0.41. According to the most recent quarter report on (Jun 2020), 4 analysts estimated an average EPS of -0.08, while 0.13 EPS posted a year ago period. Analyst Estimated EPS for OESX published in the report was -0.1–0.07 during the same period. Comparing with last year, the average estimated EPS was 0.13 which is higher than -0.02 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for OESX fall -14.26% for period of 200 days. SMA for 50 days was -23.43% which is showing red signal, while SMA-20 was -16.21%. The moving average value for Orion Energy Systems Inc. (OESX) is 4.1520 and 4.1026 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in OESX stock. On Nov 18, Potts Michael J, Director, sold 85,170 trading shares at the cost of $3.54, which valued at 0.3 million. On Nov 15, Potts Michael J, Director, sold 29,546 shares at the cost of $3.30, with total shares of 682,422. On Nov 15, Green Scott A., Chief Operating Officer, sold 148,473 shares at the cost of 3.29. After this transaction, Green Scott A. total shares reached to 0 which valued at 0.49 million.