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

Investment analysts at StockNews.com assumed coverage on shares of Energy Focus (NASDAQ:EFOI) in a report issued on Wednesday. The firm set a “sell” rating on the construction company’s stock.

Energy Focus Stock Performance

NASDAQ:EFOI opened at $1.82 on Wednesday. The stock has a 50-day simple moving average of $1.79 and a two-hundred day simple moving average of $1.61. The firm has a market capitalization of $9.76 million, a PE ratio of -4.67 and a beta of 1.88. Energy Focus has a 52-week low of $1.14 and a 52-week high of $2.95.

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

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.