OESX - Orion Energy Systems: Pros And Cons

This year, Orion Energy Systems, Inc. (OESX) has been a market darling despite a steep reduction in FQ1 revenues. Perhaps, among the catalysts that catapulted the valuation of this almost debt-free lightning market player was its anti-microbial lightning solutions that became more relevant due to the coronavirus pandemic. Phenomenal revenue growth was also much appreciated by investors. Besides, the stock was added to the U.S. small-cap Russell 2000 Index, which also contributed to the share price gains. Thus, despite a sharp correction in February, OESX quickly erased the losses and even attempted to

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