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

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

Energy Focus Trading Down 0.5 %

Shares of Energy Focus stock opened at $1.92 on Wednesday. Energy Focus has a 1-year low of $1.14 and a 1-year high of $2.95. The stock has a market capitalization of $10.10 million, a price-to-earnings ratio of -4.92 and a beta of 1.73. The firm has a fifty day simple moving average of $1.82 and a 200-day simple moving average of $1.49.

Energy Focus (NASDAQ:EFOI) last issued its earnings results on Tuesday, March 25th. The construction company reported ($0.05) earnings per share for the quarter. Energy Focus had a negative net margin of 35.77% and a negative return on equity of 71.48%. The business had revenue of $1.28 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.