WealthTrust Axiom LLC increased its position in shares of Energy Focus Inc (NASDAQ:EFOI) by 9.1% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 502,949 shares of the construction company’s stock after purchasing an additional 41,805 shares during the quarter. WealthTrust Axiom LLC’s holdings in Energy Focus were worth $1,232,000 as of its most recent filing with the SEC.

Several analysts recently commented on the company. Zacks Investment Research cut Energy Focus from a “buy” rating to a “hold” rating in a research report on Tuesday, January 9th. B. Riley reiterated a “hold” rating and set a $3.00 price target on shares of Energy Focus in a research report on Thursday, November 9th. HC Wainwright reiterated a “buy” rating and set a $6.00 price target on shares of Energy Focus in a research report on Thursday, November 9th. Roth Capital set a $2.00 price target on Energy Focus and gave the stock a “hold” rating in a research report on Friday, October 6th. Finally, ValuEngine cut Energy Focus from a “sell” rating to a “strong sell” rating in a research report on Wednesday, November 22nd. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. Energy Focus currently has a consensus rating of “Hold” and an average target price of $3.45.

Energy Focus Inc (NASDAQ EFOI) opened at $2.81 on Friday. Energy Focus Inc has a 12 month low of $1.51 and a 12 month high of $4.86.

Energy Focus (NASDAQ:EFOI) last released its quarterly earnings data on Wednesday, November 8th. The construction company reported ($0.17) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.20) by $0.03. Energy Focus had a negative return on equity of 45.60% and a negative net margin of 77.18%. analysts predict that Energy Focus Inc will post -0.95 EPS for the current year.

TRADEMARK VIOLATION WARNING: This piece was published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this piece on another publication, it was illegally stolen and reposted in violation of US & international copyright and trademark legislation. The correct version of this piece can be read at https://www.thecerbatgem.com/2018/02/02/wealthtrust-axiom-llc-raises-position-in-energy-focus-inc-efoi.html.

Energy Focus Company Profile

Energy Focus, Inc along with its subsidiaries is engaged in the design, development, manufacturing, marketing, installation and sale of lighting systems. The Company is engaged in developing and selling of light-emitting diode (LED) lighting products for military maritime market, and general commercial and industrial markets.

Want to see what other hedge funds are holding EFOI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Energy Focus Inc (NASDAQ:EFOI).

Institutional Ownership by Quarter for Energy Focus (NASDAQ:EFOI)

Receive News & Ratings for Energy Focus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energy Focus and related companies with MarketBeat.com's FREE daily email newsletter.