The stock of Revolution Lighting Technologies Inc (NASDAQ:RVLT) is a huge mover today! About 84,258 shares traded hands or 70.83% up from the average. Revolution Lighting Technologies Inc (NASDAQ:RVLT) has declined 0.34% since April 13, 2016 and is downtrending. It has underperformed by 4.26% the S&P500.
The move comes after 5 months negative chart setup for the $114.19 million company. It was reported on Nov, 15 by Barchart.com. We have $4.91 PT which if reached, will make NASDAQ:RVLT worth $11.42M less.
According to Zacks Investment Research, “Revolution Technologies Inc. designs, manufacture, market and sells commercial grade, LED replacement light bulbs and LED-based signage, channel letter and contour lighting products. It operates in two segments: LED replacement lamps and LED signage and lighting strips. Revolution Technologies Inc., formerly known as Nexxus Lighting, Inc., is based in Aurora, Canada.”
More recent Revolution Lighting Technologies Inc (NASDAQ:RVLT) news were published by: Marketwatch.com which released: “Revolution Lighting Technologies Inc.” on January 30, 2013. Also Finance.Yahoo.com published the news titled: “Revolution Lighting Technologies Announces Third Quarter 2016 Earnings Report Date” on October 24, 2016. Businesswire.com‘s news article titled: “Revolution Lighting Technologies, Inc. Acquires Energy Source, LLC, Advancing …” with publication date: August 05, 2015 was also an interesting one.
RVLT Company Profile
Revolution Lighting Technologies, Inc., incorporated on December 16, 1993, designs, makes, markets and sells commercial grade light-emitting diode (LED) and conventional lighting fixtures. The Firm operates in Lighting Products and Solutions (principally LED fixtures and lamps) segment. The Company’s products are used for outdoor and indoor applications, LED signage, channel-letter and contour lighting products, LED replacement lamps and commercial grade smart grid control systems. It sells its LED products under the RVLT, Seesmart, Lumificient, Value Lighting, Array and CMG brand names. It caters to municipal and commercial markets, which include vertical markets, such as industrial, commercial and Government facilities, hospitality, institutional, educational, healthcare and signage markets in the United States, Canada and internationally. E-Lighting and Energy Source are wholly owned subsidiaries of the Company.
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