Energy Focus, Inc. (NASDAQ:EFOI) Stock Holdings Lowered by International Assets Investment Management LLC

International Assets Investment Management LLC reduced its holdings in Energy Focus, Inc. (NASDAQ:EFOI) by 40.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,291 shares of the construction company’s stock after selling 10,960 shares during the quarter. International Assets Investment Management LLC owned 0.37% of Energy Focus worth $250,000 at the end of the most recent quarter.

Energy Focus Price Performance

EFOI stock opened at $1.50 on Friday. Energy Focus, Inc. has a 52-week low of $1.20 and a 52-week high of $3.66. The company’s 50 day simple moving average is $1.65 and its 200-day simple moving average is $1.55. The firm has a market capitalization of $6.66 million, a P/E ratio of -0.54 and a beta of 1.83.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on shares of Energy Focus in a report on Wednesday. They set a “sell” rating on the stock.

Energy Focus 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.