Energy Focus (NASDAQ:EFOI) Now Covered by Analysts at StockNews.com

Equities researchers at StockNews.com initiated coverage on shares of Energy Focus (NASDAQ:EFOI) in a research report issued on Tuesday. The brokerage set a “sell” rating on the construction company’s stock.

Energy Focus Trading Down 0.7 %

EFOI opened at $1.40 on Tuesday. Energy Focus has a 1-year low of $1.20 and a 1-year high of $3.66. The company has a market capitalization of $6.22 million, a PE ratio of -0.50 and a beta of 1.83. The firm’s 50 day simple moving average is $1.63 and its two-hundred day simple moving average is $1.57.

Institutional Trading of 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% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). 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 0.78% of Energy Focus worth $58,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 3.67% of the company’s stock.

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.