Energy Focus (NASDAQ:EFOI) Shares Scheduled to Reverse Split on Tuesday, June 20th

shares owned by shareholders will be increased as a result of the split. The stock of Energy Focus, Inc. is going to reverse split before the market opens on Tuesday, June 20th. The 1-7 reverse split was announced on Tuesday, June 20th. The number of shares owned by shareholders will be increased

The stock of ) will reverse split on Tuesday 20th June before the opening of the market. On Tuesday, June 20, the reverse split of 1-7 was announced. After the closing bell of Tuesday, June 20, shareholders' shares will be recalculated.

Energy Focus Trading down 17.3 %

On Friday, the stock fell $0.06 to $0.31. Stock of the company traded at 790,393 compared to 97,041. Energy Focus's 52-week low is $0.27, and its 52-week highest is $2.05. The 50-day moving average of the company is $0.45, and its 200-day moving average $0.49. The last time ) released quarterly earnings was on Thursday 11th May. Construction company reported ($0.08) per share earnings for the quarter. Energy Focus reported a negative return of equity of 430.14%, and a net margin of negative 181.74%. The company had a revenue of $0.93million during the first quarter. Research analysts predict that Energy Focus's current fiscal year will have a -0.26 earnings per share.

Analyst Upgrades and downgrades

Energy Focus was covered in a Friday, 9th June research note. They gave the company a rating of'sell.'

Inflows of Institutional Capital and Outflows

Recently, a hedge fund increased its stake in Energy Focus. According to the most recent Form 13F filed with the Securities and Exchange Commission, the fund increased its holdings of the construction company's stock by 50.3% during the first quarter. The fund now owns 82,200 of the stock of the construction firm after purchasing an additional 27,500 during the first quarter. International Assets Investment Management LLC held about 1.27% in Energy Focus, worth $112,000, at the end the last quarter. Institutional investors own 4.99% of Energy Focus.

Energy Focus

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Energy Focus, Inc., along with its subsidiaries, designs, engineers, manufactures, markets, sells, and distributes energy-efficient light systems, controls, and ultraviolet-C disinfection products, both in the United States as well as internationally. It provides military-grade light-emitting-diode (LED), lighting products for the maritime market, such as the Intellitube retrofit EMI-free TLED, and Invisitube ultra low EMI-free TLED. offers a FREE daily email newsletter