Energy Focus (NASDAQ:EFOI) Stock Crosses Below 200-Day Moving Average of $0.00
Energy Focus Inc (NASDAQ:EFOI)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as low as $0.43. Energy Focus shares last traded at $0.43, with a volume of 2,812 shares changing hands.
The stock’s 50 day moving average price is $0.43. The firm has a market capitalization of $5.20 million, a P/E ratio of -0.57 and a beta of 0.73.
An institutional investor recently bought a new position in Energy Focus stock. Wedbush Securities Inc. bought a new stake in shares of Energy Focus Inc (NASDAQ:EFOI) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 61,000 shares of the construction company’s stock, valued at approximately $74,000. Wedbush Securities Inc. owned approximately 0.50% of Energy Focus at the end of the most recent reporting period. 13.07% of the stock is owned by institutional investors.
Energy Focus, Inc, together with its subsidiaries, designs, develops, manufactures, markets, and sells energy-efficient lighting systems in the United States and internationally. It offers various light-emitting diode (LED) lighting technologies, including military maritime products, such as Military Intellitube, globe lights, berth lights, and fixtures to serve the United States navy and allied foreign navies.
Recommended Story: What does the Producer Price Index (PPI) tell investors?
Receive News & Ratings for Energy Focus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energy Focus and related companies with MarketBeat.com's FREE daily email newsletter.