StockNews.com Begins Coverage on Energy Focus (NASDAQ:EFOI)

Analysts at StockNews.com began coverage on shares of Energy Focus (NASDAQ:EFOI) in a research note issued to investors on Wednesday. The brokerage set a “sell” rating on the construction company’s stock.

Energy Focus Trading Up 3.8 %

EFOI stock opened at $1.46 on Wednesday. The business’s fifty day moving average price is $1.31 and its 200 day moving average price is $1.41. Energy Focus has a 12-month low of $1.14 and a 12-month high of $2.90. The company has a market capitalization of $7.70 million, a PE ratio of -3.75 and a beta of 1.80.

About Energy Focus

Energy Focus, Inc, together with its subsidiaries, designs, develops, manufactures, markets, and sells energy-efficient lighting systems, and controls and ultraviolet-C light disinfection products in the United States and internationally. It offers military maritime market light-emitting diode (LED) lighting products, such as Military-grade Intellitube retrofit TLED and the Invisitube ultra-low EMI TLED; and Military-grade fixtures, including LED globe lights, berth lights; high-bay fixtures and LED retrofit kits to serve the United States navy and allied foreign navies.