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Stock analysts at Craig Hallum assumed coverage on shares of Orion Energy Systems (NYSE:OESX) in a report issued on Tuesday, AnalystRatings.NET reports. The firm set a “buy” rating on the stock.

Orion Energy Systems (NYSE:OESX) traded up 12.95% on Tuesday, hitting $5.67. 763,517 shares of the company’s stock traded hands. Orion Energy Systems has a 1-year low of $2.00 and a 1-year high of $8.11. The stock’s 50-day moving average is $6.23 and its 200-day moving average is $5.15. The company has a market cap of $121.4 million and a price-to-earnings ratio of 36.38.

OESX has been the subject of a number of other recent research reports. Analysts at Roth Capital initiated coverage on shares of Orion Energy Systems in a research note on Wednesday, February 12th. They set a “buy” rating and a $8.00 price target on the stock. Analysts at Singular Research initiated coverage on shares of Orion Energy Systems in a research note on Wednesday, January 29th. They set a “buy” rating and a $10.00 price target on the stock.

Orion Energy Systems, Inc (NYSE:OESX), incorporated in April, 1996, designs, manufactures, markets and implements energy management systems consisting of energy efficient lighting systems, controls and related services and markets and implements renewable energy systems consisting of solar generating photovoltaic systems and wind turbines.

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