NF Energy Saving (NFEC) Upgraded to C- by TheStreet

TheStreet upgraded shares of NF Energy Saving (NASDAQ:NFEC) from a d+ rating to a c- rating in a research note released on Monday, October 29th.

NF Energy Saving stock traded down $0.44 during midday trading on Monday, reaching $8.36. The company’s stock had a trading volume of 161,810 shares, compared to its average volume of 134,979. NF Energy Saving has a 52-week low of $0.86 and a 52-week high of $9.75.

A hedge fund recently bought a new stake in NF Energy Saving stock. Jane Street Group LLC acquired a new position in NF Energy Saving Corp (NASDAQ:NFEC) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 52,530 shares of the industrial products company’s stock, valued at approximately $141,000. Jane Street Group LLC owned about 0.69% of NF Energy Saving as of its most recent SEC filing. Institutional investors and hedge funds own 2.13% of the company’s stock.

About NF Energy Saving

NF Energy Saving Corporation, through its subsidiaries, engages in the production and sale of energy-saving and intelligent flow control equipment in the People's Republic of China. The company manufactures large diameter energy efficient intelligent flow control systems for thermal and nuclear power generation plants, and national and regional water supply projects, as well as for municipal water, gas, and heat supply pipeline networks.

Further Reading: Systematic Risk and Investors

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