Energy Focus (NASDAQ:EFOI) Research Coverage Started at StockNews.com

Equities researchers at StockNews.com assumed coverage on shares of Energy Focus (NASDAQ:EFOI) in a note issued to investors on Tuesday. The firm set a “sell” rating on the construction company’s stock.

Energy Focus Trading Up 1.0 %

EFOI stock opened at $1.49 on Tuesday. Energy Focus has a 12 month low of $1.20 and a 12 month high of $3.76. The company has a 50-day moving average price of $1.62 and a 200 day moving average price of $1.58. The stock has a market cap of $6.62 million, a PE ratio of -0.53 and a beta of 1.83.

Hedge Funds Weigh In On Energy Focus

An institutional investor recently raised its position in Energy Focus stock. International Assets Investment Management LLC increased its position in shares of Energy Focus, Inc. (NASDAQ:EFOI) by 82.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 27,251 shares of the construction company’s stock after purchasing an additional 12,315 shares during the period. International Assets Investment Management LLC owned approximately 0.78% of Energy Focus worth $58,000 at the end of the most recent quarter. 3.67% of the stock is currently owned by institutional investors.

Energy Focus Company Profile

Energy Focus, Inc, together with its subsidiaries, designs, develops, manufactures, markets, and sells energy-efficient lighting systems, and controls and ultraviolet-C light disinfection products in the United States and internationally. It offers military maritime market light-emitting diode (LED) lighting products, such as Military-grade Intellitube retrofit TLED and the Invisitube ultra-low EMI TLED; and Military-grade fixtures, including LED globe lights, berth lights; high-bay fixtures and LED retrofit kits to serve the United States navy and allied foreign navies.