Research analysts at StockNews.com began coverage on shares of Energy Focus (NASDAQ:EFOI – Get Free Report) in a report issued on Monday. The brokerage set a “sell” rating on the construction company’s stock.
Energy Focus Stock Performance
EFOI stock opened at $1.46 on Monday. The company has a market capitalization of $6.48 million, a P/E ratio of -0.52 and a beta of 1.83. Energy Focus has a 52-week low of $1.20 and a 52-week high of $4.13. The business has a 50-day simple moving average of $1.60 and a two-hundred day simple moving average of $1.61.
Hedge Funds Weigh In On Energy Focus
An institutional investor recently raised its position in Energy Focus stock. International Assets Investment Management LLC lifted its holdings in Energy Focus, Inc. (NASDAQ:EFOI – Free Report) by 82.5% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 27,251 shares of the construction company’s stock after buying 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 reporting period. 3.67% of the stock is 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.
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