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

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

Energy Focus Price Performance

Energy Focus stock opened at $1.40 on Tuesday. The business has a 50 day moving average price of $1.33 and a two-hundred day moving average price of $1.34. Energy Focus has a 12 month low of $1.14 and a 12 month high of $2.90. The stock has a market cap of $7.36 million, a price-to-earnings 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) earnings per share for the quarter. The business had revenue of $1.20 million for the quarter. Energy Focus had a negative return on equity of 71.48% and a negative net margin of 35.77%.

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.