What’s in Revolution Lighting Technologies, Inc. (RVLT) After Today’s Significant Increase?

December 7, 2017 - By Michael Collier

The stock of Revolution Lighting Technologies, Inc. (NASDAQ:RVLT) is a huge mover today! The stock increased 4.38% or $0.16 during the last trading session, reaching $3.81. About 370,004 shares traded or 111.18% up from the average. Revolution Lighting Technologies, Inc. (NASDAQ:RVLT) has risen 39.56% since December 7, 2016 and is uptrending. It has outperformed by 22.86% the S&P500.
The move comes after 8 months positive chart setup for the $81.03M company. It was reported on Dec, 7 by Barchart.com. We have $4.11 PT which if reached, will make NASDAQ:RVLT worth $6.48M more.

Analysts await Revolution Lighting Technologies, Inc. (NASDAQ:RVLT) to report earnings on March, 8. They expect $-0.03 EPS, down 127.27 % or $0.14 from last year’s $0.11 per share. After $-0.06 actual EPS reported by Revolution Lighting Technologies, Inc. for the previous quarter, Wall Street now forecasts -50.00 % EPS growth.

Revolution Lighting Technologies, Inc. (NASDAQ:RVLT) Ratings Coverage

Among 3 analysts covering Revolution Lighting Technologies (NASDAQ:RVLT), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Revolution Lighting Technologies had 6 analyst reports since August 11, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, March 16 by Rodman & Renshaw. Roth Capital maintained it with “Buy” rating and $1300 target in Friday, June 30 report. The company was maintained on Friday, October 27 by Roth Capital. The stock has “Buy” rating by H.C. Wainwright on Friday, July 28. The rating was maintained by Roth Capital on Friday, July 28 with “Buy”. The stock of Revolution Lighting Technologies, Inc. (NASDAQ:RVLT) earned “Hold” rating by Zacks on Tuesday, August 11.

More notable recent Revolution Lighting Technologies, Inc. (NASDAQ:RVLT) news were published by: Seekingalpha.com which released: “Revolution Lighting down 7% after Q4 guidance lowered below estimates” on October 26, 2017, also Seekingalpha.com with their article: “Revolution Lighting -17% after cutting sales guidance” published on September 22, 2017, Seekingalpha.com published: “Finding Bright Spots In The LED Sector – Revolution Lighting Technologies” on September 05, 2017. More interesting news about Revolution Lighting Technologies, Inc. (NASDAQ:RVLT) were released by: Seekingalpha.com and their article: “Revolution Lighting Technologies’ (RVLT) CEO Robert LaPenta on Q4 2016 Results …” published on March 10, 2017 as well as Seekingalpha.com‘s news article titled: “Revolution Lighting Technologies Inc. (RVLT) CEO Robert LaPenta Q3 2017 …” with publication date: October 28, 2017.

Revolution Lighting Technologies, Inc. designs, makes, markets, and sells light emitting diode lighting solutions focusing on the industrial, commercial, and government markets in the United States, Canada, and internationally. The company has market cap of $81.03 million. The firm offers high-quality interior and exterior LED lamps and fixtures, including signage and control systems. It currently has negative earnings. The Company’s products are used for interior use, outdoor use, new fixture installation, retrofit installation, smart grid control systems, and integration of LED technology into custom applications.

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