Energy Focus, Inc. (NASDAQ:EFOI – Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $2.40 and traded as low as $1.75. Energy Focus shares last traded at $1.78, with a volume of 2,733 shares traded.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Energy Focus in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Energy Focus has a consensus rating of “Sell”.
Check Out Our Latest Stock Analysis on Energy Focus
Energy Focus Stock Up 0.0%
Institutional Trading of Energy Focus
Large investors have recently made changes to their positions in the company. DRW Securities LLC acquired a new stake in shares of Energy Focus during the 4th quarter worth about $37,000. Citadel Advisors LLC purchased a new stake in Energy Focus during the 3rd quarter worth about $37,000. Finally, Renaissance Technologies LLC acquired a new stake in Energy Focus in the fourth quarter valued at approximately $27,000. 3.67% of the stock is currently owned by hedge funds and other institutional investors.
About Energy Focus
Energy Focus, Inc is a United States–based innovator in sustainable lighting and disinfection solutions. The company designs, manufactures and sells high-performance LED lighting fixtures and lamps tailored for commercial, industrial and specialty applications. In addition to energy-efficient illumination products, Energy Focus offers ultraviolet-C (UV-C) germicidal lighting systems designed to inactivate microbes on surfaces and in the air, addressing growing demand for hygienic environments in healthcare, education, transportation and other sectors.
Founded in 1985 as a spin-out of U.S.
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