Energy Focus (NASDAQ:EFOI) Shares Cross Below 200-Day Moving Average – Here’s What Happened

Energy Focus, Inc. (NASDAQ:EFOI) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $1.34 and traded as low as $1.29. Energy Focus shares last traded at $1.31, with a volume of 1,248 shares trading hands.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on shares of Energy Focus in a research note on Tuesday. They issued a “sell” rating on the stock.

Energy Focus Price Performance

The stock has a 50-day moving average of $1.33 and a 200 day moving average of $1.34. The stock has a market cap of $7.36 million, a PE ratio of -3.59 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) EPS for the quarter. Energy Focus had a negative return on equity of 71.48% and a negative net margin of 35.77%. The company had revenue of $1.20 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.