Revolution Lighting Technologies (RVLT) in Focus: Stock Soars 15.6% – Tale of the Tape

Zacks

Revolution Lighting Technologies, Inc. (RVLT) was a big mover last session, as the company saw its shares soar nearly 16% on the day on the back of a strategic distribution partnership with Fastenal Co. This resulted in solid volume with far more shares changing hands than in a normal session. This reverses the recent trend of the company, as the stock is now trading above the volatile price range of $0.98 to $1.31 in the past one-month time frame.

None of the estimates for this stock were revised over the past seven days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Revolution Lighting Technologies currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

A better-ranked stock in the broad construction sector is AECOM Technology Corporation (ACM), carrying a Zacks Rank #1 (Strong Buy).

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