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

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

Energy Focus Price Performance

NASDAQ EFOI opened at $2.20 on Tuesday. The stock’s 50 day simple moving average is $1.71 and its 200 day simple moving average is $1.45. Energy Focus has a one year low of $1.14 and a one year high of $2.95. The firm has a market cap of $11.57 million, a PE ratio of -5.64 and a beta of 1.73.

Energy Focus Company Profile

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.