NF Energy Saving Corp (NASDAQ:NFEC) hit a new 52-week high on Thursday . The stock traded as high as $13.71 and last traded at $13.95, with a volume of 7535 shares trading hands. The stock had previously closed at $11.52.

Separately, TheStreet downgraded shares of NF Energy Saving from a “c” rating to a “d+” rating in a research note on Monday, September 10th.

NF Energy Saving (NASDAQ:NFEC) last posted its quarterly earnings results on Wednesday, November 14th. The industrial products company reported ($0.04) EPS for the quarter. The company had revenue of $1.10 million during the quarter. NF Energy Saving had a negative return on equity of 11.18% and a negative net margin of 45.23%.

A hedge fund recently raised its stake in NF Energy Saving stock. Renaissance Technologies LLC increased its stake in NF Energy Saving Corp (NASDAQ:NFEC) by 185.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 77,000 shares of the industrial products company’s stock after buying an additional 49,999 shares during the period. Renaissance Technologies LLC owned 1.02% of NF Energy Saving worth $206,000 as of its most recent SEC filing.

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About NF Energy Saving (NASDAQ:NFEC)

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.

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