$Energy Focus(EFOI)$With 10% i

2022-06-11

$Energy Focus(EFOI)$With 10% in gains at EOD and another 2.3% in after hours trading, EFOI is a penny stock that investors are watching right now. The most recent news from the company came on June 3rd when it announced a $3.5 million private placement priced at-the-market. The company states that it will sell warrants which will go toward general corporate purposes and reducing its outstanding promissory notes.

Recently, we've been covering EFOI stock heavily due to its sizable market momentum. And, if you're not familiar, Energy Focus is a provider of LED tech and solutions. This includes LED lighting, UVCD tech, and much more. While it is hard to say if shares of EFOI stock will continue to see gains, its five day uptick of more than 70% is encouraging. With all of this considered, do you think that EFOI stock is a buy or not??

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

DonnaMay
2022-06-13
DonnaMay
Hopefully the stock will fall back so I can buy it.
DouglasMalan
2022-06-11
DouglasMalan
LED tech stock needs core competence to rise in price
HilaryWilde
2022-06-13
HilaryWilde
I kind of want to buy EFOI stock.
Maria_yy
2022-06-13
Maria_yy
Take it easy. Maybe you'll buy at the top.
EvanHolt
2022-06-13
EvanHolt
It did very well last week.
CynthiaVogt
2022-06-11
CynthiaVogt
EFOI soar back please 🌱🌱🌱

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