Energy Focus (NASDAQ:EFOI) Announces Quarterly Earnings Results

Energy Focus (NASDAQ:EFOI) released its quarterly earnings results on Tuesday. The construction company reported ($0.05) earnings per share for the quarter, Zacks reports. Energy Focus had a negative return on equity of 71.48% and a negative net margin of 35.77%.

Energy Focus Price Performance

Shares of Energy Focus stock traded up $0.02 on Tuesday, hitting $2.04. 1,292 shares of the company’s stock traded hands, compared to its average volume of 332,329. The company has a fifty day moving average of $1.78 and a two-hundred day moving average of $1.48. Energy Focus has a one year low of $1.14 and a one year high of $2.95. The company has a market capitalization of $10.73 million, a price-to-earnings ratio of -5.23 and a beta of 1.73.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on Energy Focus in a report on Tuesday, March 18th. They issued a “sell” rating for the company.

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.