Energy Focus (NASDAQ:EFOI) Posts 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. The firm had revenue of $1.28 million for the quarter. Energy Focus had a negative return on equity of 71.48% and a negative net margin of 35.77%.

Energy Focus Stock Performance

NASDAQ EFOI opened at $1.93 on Thursday. The company has a market capitalization of $10.15 million, a PE ratio of -4.95 and a beta of 1.73. Energy Focus has a 52-week low of $1.14 and a 52-week high of $2.95. The company has a 50-day simple moving average of $1.81 and a 200 day simple moving average of $1.48.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on Energy Focus in a report on Wednesday. They issued a “sell” rating for the company.

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.