A Stock You Ought To Watch Is Orion Energy Systems Inc (NASDAQ: OESX)

During the last session, Orion Energy Systems Inc (NASDAQ:OESX)’s traded shares were 0.33 million, with the beta value of the company hitting 1.35. At the end of the trading day, the stock’s price was $0.84, reflecting an intraday loss of -0.71% or -$0.01. The 52-week high for the OESX share is $1.53, that puts it down -82.14 from that peak though still a striking 19.05% gain since the share price plummeted to a 52-week low of $0.68. The company’s market capitalization is $27.61M, and the average intraday trading volume over the past 10 days was 0.12 million shares, and the average trade volume was 81.50K shares over the past three months.

Orion Energy Systems Inc (OESX) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. OESX has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it.

Orion Energy Systems Inc (NASDAQ:OESX) trade information

Orion Energy Systems Inc (OESX) registered a -0.71% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -0.71% in intraday trading to $0.84, hitting a weekly high. The stock’s 5-day price performance is 6.16%, and it has moved by -0.12% in 30 days. Based on these gigs, the overall price performance for the year is -11.40%. The short interest in Orion Energy Systems Inc (NASDAQ:OESX) is 85546.0 shares and it means that shorts have 1.03 day(s) to cover.

Orion Energy Systems Inc (OESX) estimates and forecasts

Statistics show that Orion Energy Systems Inc has outperformed its competitors in share price, compared to the industry in which it operates. Orion Energy Systems Inc (OESX) shares have gone down -21.59% during the last six months, with a year-to-date growth rate more than the industry average at 11.76% against 7.60.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -9.64%. While earnings are projected to return 20.37% in 2025, the next five years will return 25.00% per annum.

OESX Dividends

Orion Energy Systems Inc is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Orion Energy Systems Inc (NASDAQ:OESX)’s Major holders

Orion Energy Systems Inc insiders own 4.07% of total outstanding shares while institutional holders control 47.95%, with the float percentage being 49.98%. NORTH STAR INVESTMENT MANAGEMENT CORP. is the largest shareholder of the company, while 46.0 institutions own stock in it. As of 2024-06-30, the company held over 3.89 million shares (or 11.9611% of all shares), a total value of $4.31 million in shares.

The next largest institutional holding, with 2.66 million shares, is of GRACE & WHITE INC /NY’s that is approximately 8.1941% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $2.95 million.