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

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

Energy Focus Trading Down 3.5 %

Shares of NASDAQ:EFOI opened at $1.38 on Wednesday. The company has a 50-day moving average price of $1.31 and a 200-day moving average price of $1.41. The company has a market cap of $7.26 million, a price-to-earnings ratio of -3.54 and a beta of 1.80. Energy Focus has a 12 month low of $1.14 and a 12 month high of $2.90.

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.