Tieton Capital Management LLC Has $2.13 Million Position in Orion Energy Systems, Inc. (NASDAQ:OESX)

Tieton Capital Management LLC grew its stake in shares of Orion Energy Systems, Inc. (NASDAQ:OESX) by 25.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,661,853 shares of the electronics maker’s stock after acquiring an additional 541,773 shares during the period. Tieton Capital Management LLC owned 8.09% of Orion Energy Systems worth $2,130,000 as of its most recent SEC filing.

Separately, Geode Capital Management LLC raised its stake in shares of Orion Energy Systems by 9.0% during the 3rd quarter. Geode Capital Management LLC now owns 312,127 shares of the electronics maker’s stock worth $268,000 after purchasing an additional 25,816 shares in the last quarter. Institutional investors and hedge funds own 52.59% of the company’s stock.

Orion Energy Systems Price Performance

Shares of NASDAQ:OESX opened at $0.79 on Monday. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.40 and a quick ratio of 0.89. The stock has a market capitalization of $26.10 million, a P/E ratio of -3.44 and a beta of 1.39. The business has a 50-day moving average of $0.81 and a two-hundred day moving average of $0.85. Orion Energy Systems, Inc. has a fifty-two week low of $0.68 and a fifty-two week high of $1.53.

Orion Energy Systems (NASDAQ:OESX) last issued its quarterly earnings data on Tuesday, February 11th. The electronics maker reported ($0.05) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.01. Orion Energy Systems had a negative return on equity of 48.85% and a negative net margin of 8.54%. On average, equities research analysts predict that Orion Energy Systems, Inc. will post -0.32 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. HC Wainwright restated a “buy” rating and issued a $3.00 price objective on shares of Orion Energy Systems in a report on Wednesday, February 12th. StockNews.com started coverage on shares of Orion Energy Systems in a research note on Wednesday, March 19th. They set a “hold” rating on the stock.

Orion Energy Systems Company Profile

Orion Energy Systems, Inc, together with its subsidiaries, researches, designs, develops, manufactures, markets, sells, installs, and implements energy management systems for commercial office and retail, area lighting, industrial applications, and government in North America and Germany. It operates in three segments: Lighting, Maintenance, and Electric Vehicle (EV).