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

Equities research analysts at StockNews.com initiated coverage on shares of Energy Focus (NASDAQ:EFOI) in a research report issued to clients and investors on Saturday. The firm set a “sell” rating on the construction company’s stock.

Energy Focus Stock Down 4.5 %

Shares of Energy Focus stock opened at $1.26 on Friday. The business’s fifty day simple moving average is $1.32 and its 200-day simple moving average is $1.45. The firm has a market cap of $6.63 million, a PE ratio of -2.10 and a beta of 1.79. Energy Focus has a 52 week low of $1.14 and a 52 week high of $2.90.

Energy Focus (NASDAQ:EFOI) last announced its quarterly earnings results on Monday, August 12th. The construction company reported ($0.12) earnings per share for the quarter. Energy Focus had a negative net margin of 45.19% and a negative return on equity of 86.25%. The company had revenue of $1.55 million for the quarter.

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.