StockNews.com Initiates Coverage on Energy Focus (NASDAQ:EFOI)

Equities research analysts at StockNews.com started 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 Stock Down 0.5 %

Shares of EFOI stock opened at $1.92 on Wednesday. The firm 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 moving average of $1.82 and a 200-day moving average of $1.49. Energy Focus has a 12-month low of $1.14 and a 12-month high of $2.95.

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

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.