In a filing, Orion Energy Systems Inc revealed its Director Washlow Sally A. acquired Company’s shares for reported $2201.0 on Jun 24 ’24. In the deal valued at $1.42 per share,1,550 shares were bought. As a result of this transaction, Washlow Sally A. now holds 51,300 shares worth roughly $36423.0.
Then, Washlow Sally A. bought 1,200 shares, generating $1,464 in total proceeds. Upon buying the shares at $1.22, the Director now owns 52,500 shares.
Before that, Washlow Sally A. bought 1,080 shares. Orion Energy Systems Inc shares valued at $1,339 were divested by the Director at a price of $1.24 per share. As a result of the transaction, Washlow Sally A. now holds 53,580 shares, worth roughly $38041.799999999996.
B. Riley Securities downgraded its Orion Energy Systems Inc [OESX] rating to a Neutral from a a Buy in a research note published on November 10, 2021; the price target was increased to $8.50 from $5. A number of analysts have revised their coverage, including ROTH Capital’s analysts, who decreased its forecast for the stock in early June from “a Buy” to “a Neutral”. ROTH Capital revised its rating on March 16, 2020. It rated OESX as “a Buy” which previously was an “a Neutral”.
Price Performance Review of OESX
On Thursday, Orion Energy Systems Inc [NASDAQ:OESX] saw its stock jump 0.23% to $0.71. Over the last five days, the stock has gained 0.01%. Orion Energy Systems Inc shares have fallen nearly -11.25% since the year began. Nevertheless, the stocks have fallen -18.38% over the past one year. While a 52-week high of $1.53 was reached on 02/20/25, a 52-week low of $0.65 was recorded on 04/10/25. SMA at 50 days reached $0.7791, while 200 days put it at $0.8674.
Levels Of Support And Resistance For OESX Stock
The 24-hour chart illustrates a support level at 0.6772, which if violated will result in even more drops to 0.6443. On the upside, there is a resistance level at 0.7665. A further resistance level may holdings at 0.8229. The Relative Strength Index (RSI) on the 14-day chart is 43.60, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0018, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 59.93%. Stochastics %K at 41.91% indicates the stock is a holding.
How much short interest is there in Orion Energy Systems Inc?
A steep rise in short interest was recorded in Orion Energy Systems Inc stocks on 2025-03-31, dropping by 38263.0 shares to a total of 56295.0 shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 94558.0 shares. There was a decline of -67.97%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on September 04, 2019 when B. Riley FBR began covering the stock and recommended ‘”a Buy”‘ rating along with a $4 price target.
