Could Revolution Lighting Technologies, Inc. (RVLT) See a Reversal After This Very Strong Session?

December 7, 2017 - By Dolores Ford

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 company was upgraded on Tuesday, August 11 by Zacks. The stock of Revolution Lighting Technologies, Inc. (NASDAQ:RVLT) earned “Buy” rating by H.C. Wainwright on Friday, July 28. On Wednesday, March 16 the stock rating was initiated by Rodman & Renshaw with “Buy”. The company was maintained on Friday, October 27 by Roth Capital. Roth Capital maintained it with “Buy” rating and $1300 target in Friday, July 28 report. Roth Capital maintained Revolution Lighting Technologies, Inc. (NASDAQ:RVLT) rating on Friday, June 30. Roth Capital has “Buy” rating and $1300 target.

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