News coverage about Revolution Lighting Technologies (NASDAQ:RVLT) has been trending somewhat positive this week, Accern Sentiment reports. The research group rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Revolution Lighting Technologies earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned headlines about the electronics maker an impact score of 45.4389613192991 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
A number of equities analysts recently commented on the company. HC Wainwright decreased their price target on Revolution Lighting Technologies from $14.00 to $8.00 and set a “buy” rating for the company in a research note on Wednesday, January 3rd. Roth Capital set a $5.00 target price on Revolution Lighting Technologies and gave the company a “buy” rating in a research note on Thursday, December 28th.
RVLT stock traded down $0.01 during midday trading on Thursday, reaching $3.82. The company had a trading volume of 29,011 shares, compared to its average volume of 247,250. The company has a quick ratio of 1.19, a current ratio of 1.79 and a debt-to-equity ratio of 0.67. Revolution Lighting Technologies has a fifty-two week low of $2.95 and a fifty-two week high of $9.00. The company has a market cap of $84.96, a P/E ratio of -11.24 and a beta of 0.63.
Revolution Lighting Technologies (NASDAQ:RVLT) last issued its earnings results on Thursday, March 8th. The electronics maker reported ($0.15) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.18) by $0.03. Revolution Lighting Technologies had a negative return on equity of 7.93% and a negative net margin of 35.41%. The company had revenue of $35.20 million during the quarter, compared to the consensus estimate of $35.05 million. analysts expect that Revolution Lighting Technologies will post -0.03 EPS for the current fiscal year.
In related news, Chairman Robert V. Lapenta bought 25,000 shares of the firm’s stock in a transaction on Friday, January 19th. The stock was bought at an average cost of $3.05 per share, for a total transaction of $76,250.00. Following the completion of the purchase, the chairman now directly owns 72,956 shares in the company, valued at approximately $222,515.80. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO James Depalma bought 150,000 shares of the firm’s stock in a transaction on Monday, January 29th. The stock was bought at an average price of $3.60 per share, with a total value of $540,000.00. Following the completion of the purchase, the chief financial officer now owns 195,000 shares of the company’s stock, valued at $702,000. The disclosure for this purchase can be found here. Over the last 90 days, insiders acquired 1,121,476 shares of company stock valued at $4,019,057. 41.97% of the stock is currently owned by insiders.
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About Revolution Lighting Technologies
Revolution Lighting Technologies, Inc designs, manufactures, markets, and sells light-emitting diode (LED) lighting solutions focusing on the industrial, commercial, and government markets in the United States, Canada, and internationally. The company offers interior and exterior LED lamps and fixtures, including signage and control systems.
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