Revolution Lighting Technologies, Inc. (RVLT) Just Recorded A Sigfniciant Increase

December 7, 2017 - By Nellie Frank

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 earnings per share, down 127.27 % or $0.14 from last year’s $0.11 per share. After $-0.06 actual earnings per share 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 by H.C. Wainwright given on Friday, July 28. Roth Capital maintained it with “Buy” rating and $1300 target in Friday, July 28 report. The stock has “Buy” rating by Roth Capital on Friday, October 27. Zacks upgraded Revolution Lighting Technologies, Inc. (NASDAQ:RVLT) rating on Tuesday, August 11. Zacks has “Hold” rating and $1.25 target. The stock of Revolution Lighting Technologies, Inc. (NASDAQ:RVLT) earned “Buy” rating by Rodman & Renshaw on Wednesday, March 16. The stock of Revolution Lighting Technologies, Inc. (NASDAQ:RVLT) has “Buy” rating given on Friday, June 30 by Roth Capital.

More notable recent Revolution Lighting Technologies, Inc. (NASDAQ:RVLT) news were published by: Seekingalpha.com which released: “Revolution Lighting Technologies’ (RVLT) CEO Robert LaPenta on Q4 2016 Results …” on March 10, 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 Inc. (RVLT) CEO Robert LaPenta Q3 2017 …” published on October 28, 2017 as well as Seekingalpha.com‘s news article titled: “Revolution Lighting Technologies’ (RVLT) CEO Robert LaPenta on Q2 2017 Results …” with publication date: July 31, 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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