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

Analysts at StockNews.com assumed coverage on shares of Energy Focus (NASDAQ:EFOIGet Free Report) in a note issued to investors on Wednesday. The brokerage set a “sell” rating on the construction company’s stock.

Energy Focus Trading Up 2.2 %

NASDAQ:EFOI opened at $1.39 on Wednesday. Energy Focus has a 52 week low of $1.14 and a 52 week high of $2.90. The firm has a 50-day moving average price of $1.35 and a two-hundred day moving average price of $1.48.

Energy Focus (NASDAQ:EFOIGet Free Report) last issued its quarterly earnings results on Monday, August 12th. The construction company reported ($0.12) EPS for the quarter. Energy Focus had a negative net margin of 45.19% and a negative return on equity of 86.25%. The business had revenue of $1.55 million for the quarter.

Energy Focus Company Profile

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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.

Further Reading

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