Energy Focus (NASDAQ:EFOI) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Energy Focus, Inc. (NASDAQ:EFOI) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $1.34 and traded as low as $1.26. Energy Focus shares last traded at $1.37, with a volume of 6,347 shares changing hands.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on shares of Energy Focus in a research report on Wednesday. They issued a “sell” rating on the stock.

Energy Focus Trading Down 1.4 %

The stock’s 50 day moving average price is $1.33 and its 200 day moving average price is $1.34. The company has a market capitalization of $7.21 million, a price-to-earnings ratio of -3.51 and a beta of 1.82.

Energy Focus (NASDAQ:EFOI) last posted its quarterly earnings results on Tuesday, November 12th. The construction company reported ($0.06) earnings per share for the quarter. Energy Focus had a negative net margin of 35.77% and a negative return on equity of 71.48%. The company had revenue of $1.20 million during the quarter.

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.