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

Equities research analysts at StockNews.com began coverage on shares of Energy Focus (NASDAQ:EFOI) in a research report issued to clients and investors on Friday. The brokerage set a “sell” rating on the construction company’s stock.

Energy Focus Trading Up 2.4 %

Shares of EFOI stock opened at $1.26 on Friday. Energy Focus has a twelve month low of $1.14 and a twelve month high of $2.90. The stock has a market cap of $6.63 million, a price-to-earnings ratio of -3.23 and a beta of 1.80. The company’s 50-day moving average price is $1.34 and its 200-day moving average price is $1.38.

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.