Stock analysts at StockNews.com assumed coverage on shares of Energy Focus (NASDAQ:EFOI – Get Rating) in a research report issued to clients and investors on Friday. The brokerage set a “sell” rating on the construction company’s stock.
Separately, HC Wainwright lowered Energy Focus from a “buy” rating to a “neutral” rating in a research report on Friday, May 13th.
NASDAQ EFOI opened at $1.84 on Friday. The firm has a market cap of $11.88 million, a P/E ratio of -1.05 and a beta of 2.86. The stock’s 50-day moving average is $1.25 and its 200-day moving average is $1.85. Energy Focus has a one year low of $0.76 and a one year high of $6.12.
Large investors have recently bought and sold shares of the stock. Squarepoint Ops LLC bought a new position in shares of Energy Focus during the fourth quarter worth about $83,000. Virtu Financial LLC bought a new position in shares of Energy Focus during the fourth quarter worth about $93,000. Citadel Advisors LLC bought a new position in shares of Energy Focus during the third quarter worth about $99,000. Millennium Management LLC bought a new position in shares of Energy Focus during the third quarter worth about $147,000. Finally, Geode Capital Management LLC grew its holdings in shares of Energy Focus by 207.3% during the third quarter. Geode Capital Management LLC now owns 76,711 shares of the construction company’s stock worth $238,000 after buying an additional 51,746 shares in the last quarter. Institutional investors and hedge funds own 16.14% of the company’s stock.
Energy Focus Company Profile (Get Rating)
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.
- Get a free copy of the StockNews.com research report on Energy Focus (EFOI)
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