Revolution Lighting Technologies (NASDAQ:RVLT) Sees Large Volume Increase

Revolution Lighting Technologies Inc (NASDAQ:RVLT) shares saw unusually-high trading volume on Friday . Approximately 1,910,100 shares traded hands during mid-day trading, an increase of 102% from the previous session’s volume of 943,930 shares.The stock last traded at $0.35 and had previously closed at $0.31.

The stock has a 50-day simple moving average of $0.34 and a 200-day simple moving average of $0.32.

An institutional investor recently bought a new position in Revolution Lighting Technologies stock. Bank of New York Mellon Corp acquired a new stake in Revolution Lighting Technologies Inc (NASDAQ:RVLT) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 64,157 shares of the electronics maker’s stock, valued at approximately $26,000. Bank of New York Mellon Corp owned 0.29% of Revolution Lighting Technologies as of its most recent SEC filing. Institutional investors own 14.19% of the company’s stock.

Revolution Lighting Technologies Company Profile (NASDAQ:RVLT)

Revolution Lighting Technologies, Inc designs, manufactures, markets, and sells light-emitting diode (LED) lighting solutions focusing on the industrial, commercial, and government markets in the United States, Canada, and internationally. The company offers interior and exterior LED lamps and fixtures, including signage and control systems.

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