Orion Energy Systems, Inc.
OESXIndustrialsNASDAQElectrical Equipment & Parts · Last scanned Oct 19, 2026
Scan Results
Daily timeframe1 of 4 indicators bullish as of Oct 16CONFIRMED
Multi-indicator alignment: When 2+ indicators show the same condition on the same day, Scanance highlights it. This is not a recommendation. It means the technical indicators are aligned.
Orion Energy Systems, Inc., together with its subsidiaries, research, designs, develops, manufactures, markets, sells, installs, and implements energy management systems for commercial office and. With a market capitalization of $92.1M, it sits in micro-cap territory. It operates through three segments: Lighting, Maintenance, and Electric Vehicle (EV).
Market Cap
$92.1M
Beta
0.87
P/E (TTM)
—
P/E (Fwd)
11.55
EPS (TTM)
$-0.07
EPS (Fwd)
$1.95
ROE
0.3%
ROA
1.8%
Cash
$5.2M
Total Debt
$9.6M
Free CF
-$3.5M
52W Change
132.4%
Annual Financials
Cash vs Debt
Where OESX stands vs its 150-day and 200-day moving averages
As of the October 19, 2026 close, OESX finished 50.13% above its 150-day moving average ($15.00) and 52.47% above its 200-day moving average ($14.77). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is OESX overbought or oversold?
At the October 19, 2026 close, OESX's RSI(14) was 3.5, in oversold territory (below 30). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
On the balance sheet, OESX has $5.2M in cash with $9.6M in obligations. The ability to service this debt comfortably depends on continued operational cash generation. Free cash flow is running at -$3.5M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. ROE of 0.3% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 1.8% is on the lower side, which is common in asset-heavy industries. Revenue has been uneven over recent years, ranging from $77.4M to $86.3M.
Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. No single metric tells the full story. Reviewing OESX's risk profile alongside its fundamentals and technical indicators provides a more complete picture.