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How to Buy Orion Energy Systems Stock

Orion Energy Systems Inc

Orion Energy Systems, Inc. researches, designs, develops, manufactures, markets, sells, installs, and implements energy management systems for commercial office and retail, exterior area lighting, and industrial applications in North America.

Orion Energy Systems stock last closed at $0.85, up 0% from the previous day, and has decreased 50.29% in one year. It has underperformed other stocks in the Electrical Equipment & Parts industry by 0.84 percentage points. Orion Energy Systems stock is currently +4.42% from its 52-week low of $0.81, and -56.19% from its 52-week high of $1.94.

As of Apr 23, 2024, there are 32.56M shares of OESX outstanding. The market capitalization of OESX is $27.68M. In the last 24 hours, 11,071 OESX shares were traded.

How to Buy Orion Energy Systems Stock

Wondering how to invest in Orion Energy Systems stock? Here's how.
  1. Figure out where to buy Orion Energy Systems stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you figure out where to buy Orion Energy Systems stock.
  2. Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Fund your brokerage account: Select your payment method and add your information.
  4. Evaluate Orion Energy Systems stock: The Orion Energy Systems ticker symbol is OESX. Is Orion Energy Systems stock a good investment? Should you buy shares of OESX? How do OESX's underlying business fundamentals look? Do top analysts think Orion Energy Systems is a good buy? Why has OESX's stock price moved recently? (Hint: Our stock analysis website can help you decide if OESX is a good stock to buy).
  5. Place your OESX purchase: Decide if you will purchase OESX shares at the current market price or use a limit order to purchase OESX shares at a particular price.
  6. Get updates on your OESX position: Create a watchlist to important updates regarding your position in Orion Energy Systems shares.

Step 1: Figure out where to buy Orion Energy Systems stock

You need an online brokerage account in order to access the NASDAQ market and buy OESX stock.

A brokerage account enables you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've chosen the best brokerage, you need to fill out some personal info so you are able to invest in OESX today.

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  2. Provide your personal details to open a new brokerage account.
  1. Send your info by hitting the "Create Account" button.
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Step 3: Fund your brokerage account

Now that you've filled out your info on the best investment app, you can securely and quickly fund your account:

Check out the walkthrough below to see the process of depositing funds into your new brokerage account.

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Step 4: Evaluate Orion Energy Systems stock

After you have chosen the best place to buy Orion Energy Systems stock, it's important to research their stock prior to buying, so you truly wrap your head around the risk and upside.

Orion Energy Systems quick stats

OESX Price
$0.85
1w %
-2.3%
1y %
-50.29%
5y %
-46.54%
P/E
-1.49x
P/B
1.34x
P/S
0.32x
PEG
N/A
Revenue
$85.80M
Earnings
-$18.40M
Fore. Rev. Growth
17.99%
Fore. Earn. Growth
N/A
Market Cap
$27.68M
Next Earnings
Jun 4, 2024
Next Dividend
N/A

OESX Due Diligence Checks

WallStreetZen was built to help part-time investors perform more accurate fundamental analysis in less time.

You can view all of the due diligence checks on OESX's stock page.

Is OESX stock overvalued?

You can use many financial metrics, analyses, models, and charts to gauge OESX's intrinsic value.

Using relative valuations ratios:

  • OESX could be undervalued based on its P/B ratio of 1.34x, relative to Electrical Equipment & Parts industry P/B ratio of 3.98x

You can access more valuation research on OESX's stock here.

OESX Financial Health

Positive Financial Indicators:

  • There are more short-term assets than short-term liabilities on the OESX balance sheet.
  • There are more short-term assets than long-term liabilities on the OESX balance sheet.
  • OESX profit margin has gone up from -39.1% to -21.4% in the past year.

Negative Financial Indicators:

  • Total OESX debt is higher than 5 years ago, relative to shareholder equity.
  • OESX has a relatively high debt to equity ratio of 2.17.
  • OESX has $4.97M in cash and short term investments. This is not sufficient to cover its annual cash burn of $8.07M.
  • OESX has cash burn of 8073000. It does not have sufficient cash and short-term investments to cover this.

Do analysts think it's a good time to buy Orion Energy Systems stock

Out of 1 Equities analysts who give ratings on OESX, the consensus analyst rating on OESX is a Buy

Please note that analyst ratings are not stock recommendations, nor are they financial advice.

You can dive deeper into what analysts are saying on the Orion Energy Systems stock forecast page.

OESX Trading Indicators

SMA10
0.87
SMA20
0.88
SMA50
0.92
SMA100
0.95
SMA200
1.14
MACD
-0.02
MACD Signal
-0.02
MACD Histogram
0
RSI
39.49
Stochastic %K
6.73
Stochastic %D
10.47
StochRSI %K
8.02
StochRSI %D
20.84

How is OESX performing as a company?

Last year, OESX revenue was $85.80M. In the last 5 year, OESX's revenue has grown by 8.01% per year. This was slower than the Electrical Equipment & Parts industry average of 10.1%.

Learn more about OESX's earnings and revenue performance here.

What are OESX executives and large shareholders up to?

Over the last year, executives and large shareholders at OESX have bought more shares than they have sold.

J. Per Brodin, EVP CFO CAO Treasurer of OESX, was the latest OESX insider to buy. They bought $4,550.00 worth of OESX shares on Dec 1, 2023.

Research more about who owns OESX stock here.

Can I get consistent income from OESX stock?

No, Orion Energy Systems doesn't provide an income stream by paying out dividends.

OESX Social Trading Data

One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.

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Step 5: Place your OESX purchase

You have two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are mostly the best for newer investors.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at an exact dollar amount, place a limit order.

Press the Open button and eToro will place the order.

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Step 6: Get updates on your OESX position

Now that you own some shares in OESX, you'll want to stay up-to-date on your stock purchase.

Add OESX to a watchlist to get alerted to the latest events about your OESX stock.

OESX Feed

How to Buy Stock in Orion Energy Systems

To summarize, here are the 6 steps for buying Orion Energy Systems stock:

  1. Figure out where to buy Orion Energy Systems stock
  2. Open your brokerage account
  3. Fund your brokerage account
  4. Evaluate Orion Energy Systems stock
  5. Place your OESX purchase
  6. Get updates on your OESX position

If you need a brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get updates on your new investment in Orion Energy Systems, create a watchlist on WallStreetZen today.

NASDAQ: OESX
$0.85+0.00 (+0%)
Updated Apr 23, 2024
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NASDAQ: OESX
$0.85+0.00 (+0%)
Updated Apr 23, 2024
Open eToro Account

FAQ

How much does it cost to buy one Orion Energy Systems share?

As of Apr 23, 2024, it costs $0.85 to buy one share of Orion Energy Systems stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.43, you can buy 0.5 shares of OESX.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Orion Energy Systems stock?

According to 1 Wall Street analysts who monitor Orion Energy Systems, their consensus recommendation is to buy Orion Energy Systems stock.

What is the best way to buy Orion Energy Systems stock?

One way to place an order for Orion Energy Systems stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.