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

StockNews.com assumed coverage on shares of Energy Focus (NASDAQ:EFOI) in a research report released on Tuesday morning. The firm issued a sell rating on the construction company’s stock.

Energy Focus Stock Performance

NASDAQ EFOI opened at $1.41 on Tuesday. Energy Focus has a fifty-two week low of $1.20 and a fifty-two week high of $3.76. The stock has a 50 day simple moving average of $1.63 and a two-hundred day simple moving average of $1.58. The stock has a market cap of $6.26 million, a P/E ratio of -0.51 and a beta of 1.83.

Institutional Investors Weigh In On Energy Focus

An institutional investor recently bought a new position in Energy Focus stock. Renaissance Technologies LLC bought a new stake in Energy Focus, Inc. (NASDAQ:EFOI) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 196,414 shares of the construction company’s stock, valued at approximately $255,000. Renaissance Technologies LLC owned 2.53% of Energy Focus as of its most recent SEC filing. Institutional investors and hedge funds 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.