Orion Energy Systems, Inc. (NASDAQ:OESX), a leader in energy-efficient LED lighting, electric vehicle charging stations, and maintenance service solutions, announced a reverse stock split at a ratio of 10 for 1 on August 22, 2025. This strategic decision, approved by the company's Board of Directors and shareholders, aims to increase the stock price and enhance its appeal to investors.
The reverse stock split means that every 10 shares of OESX were consolidated into one share, a decision often made to increase the stock price and make it more attractive to investors. Before the split, the stock price was $0.59, reflecting a decrease of approximately 1.08%. The stock had dropped by $0.0065 on that day. OESX's stock price fluctuated during the trading day, reaching a low of $0.58 and a high of $0.62. Over the past year, the stock has seen a high of $10.35 and a low of $0.58.
The reverse stock split could help stabilize the stock price and potentially increase its value over time. The market capitalization of OESX is approximately $20.95 million, with a trading volume of 259,108 shares. This indicates the total value of the company's outstanding shares and the level of investor interest in the stock. The reverse stock split may impact these figures as the stock price adjusts.
