In a report released today, Craig Irwin from Roth Capital reiterated a Hold rating on Orion Energy Systems (NYSE MKT: OESX), with a price target of $1. The company’s shares opened today at $1.05.
According to TipRanks.com, Irwin is a 3-star analyst with an average return of 1.5% and a 47.5% success rate. Irwin covers the Consumer Goods sector, focusing on stocks such as Renewable Energy Group, Darling Ingredients, and Green Plains Inc.
Orion Energy Systems has an analyst consensus of Moderate Buy, with a price target consensus of $1.38.
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The company has a one-year high of $1.25 and a one-year low of $0.70. Currently, Orion Energy Systems has an average volume of 61.69K.
Based on the recent corporate insider activity of 26 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of OESX in relation to earlier this year.
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Orion Energy Systems, Inc. engages in the design, development, and trade of lighting systems and retrofit lighting solutions. It operates through the following segments: U.S. Markets; Engineered Systems and Distribution Services. The U.S. Markets segment produces and sells commercial lighting and energy management systems to the wholesale contractors.
