Energy Focus, Inc. (NASDAQ:EFOI)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $6.15, but opened at $5.08. Energy Focus shares last traded at $5.39, with a volume of 700 shares trading hands.
The firm’s 50 day moving average is $5.08 and its 200-day moving average is $6.20. The stock has a market capitalization of $17.86 million, a price-to-earnings ratio of -2.07 and a beta of 2.35. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.66 and a current ratio of 1.14.
A hedge fund recently bought a new stake in Energy Focus stock. International Assets Investment Management LLC bought a new stake in shares of Energy Focus, Inc. (NASDAQ:EFOI) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 31,000 shares of the construction company’s stock, valued at approximately $125,000. International Assets Investment Management LLC owned approximately 0.89% of Energy Focus at the end of the most recent reporting period. Hedge funds and other institutional investors own 8.89% of the company’s stock.
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 military maritime LED lighting products, such as Military Intellitube, globe lights, berth lights, and fixtures, as well as Invisitube ultra-low EMI tubular LED (TLED) and LED retrofit kits to serve the United States navy and allied foreign navies.
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