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

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

Energy Focus Stock Down 5.1 %

Shares of EFOI stock opened at $1.30 on Wednesday. The stock’s 50-day moving average price is $1.33 and its 200 day moving average price is $1.34. The stock has a market capitalization of $6.84 million, a PE ratio of -3.33 and a beta of 1.82. 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 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.