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

StockNews.com initiated coverage on shares of Energy Focus (NASDAQ:EFOI) in a note issued to investors on Tuesday. The brokerage set a “sell” rating on the construction company’s stock.

Energy Focus Stock Performance

NASDAQ:EFOI opened at $1.40 on Tuesday. The company has a market capitalization of $7.36 million, a P/E ratio of -3.59 and a beta of 1.82. The stock’s 50 day moving average price is $1.33 and its 200 day moving average price is $1.34. Energy Focus has a 52 week low of $1.14 and a 52 week high of $2.90.

Energy Focus (NASDAQ:EFOI) last released its quarterly earnings data on Tuesday, November 12th. The construction company reported ($0.06) earnings per share (EPS) for the quarter. Energy Focus had a negative net margin of 35.77% and a negative return on equity of 71.48%. The business had revenue of $1.20 million during the quarter.

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.