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

StockNews.com assumed coverage on shares of Energy Focus (NASDAQ:EFOI) in a report released on Thursday morning. The brokerage issued a sell rating on the construction company’s stock.

Energy Focus Trading Down 2.5 %

NASDAQ:EFOI opened at $1.37 on Thursday. The stock has a fifty day moving average price of $1.34 and a 200 day moving average price of $1.39. Energy Focus has a 12-month low of $1.14 and a 12-month high of $2.90. The firm has a market cap of $7.21 million, a PE ratio of -3.51 and a beta of 1.80.

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.