Energy Focus (NASDAQ:EFOI) Coverage Initiated at StockNews.com

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

Energy Focus Price Performance

Shares of EFOI stock opened at $1.73 on Tuesday. The firm has a market cap of $9.30 million, a P/E ratio of -4.45 and a beta of 1.88. Energy Focus has a 1-year low of $1.14 and a 1-year high of $2.95. The firm’s 50-day simple moving average is $1.83 and its 200-day simple moving average is $1.60.

Energy Focus (NASDAQ:EFOI) last issued its quarterly earnings data on Tuesday, May 13th. The construction company reported ($0.05) earnings per share (EPS) for the quarter. Energy Focus had a negative net margin of 35.77% and a negative return on equity of 71.48%. The firm had revenue of $0.62 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.