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

StockNews.com initiated coverage on shares of Energy Focus (NASDAQ:EFOI) in a research note issued to investors on Saturday morning. The firm issued a sell rating on the construction company’s stock.

Energy Focus Stock Down 9.5 %

Shares of Energy Focus stock opened at $1.81 on Friday. The business has a 50-day moving average price of $1.39 and a 200 day moving average price of $1.36. Energy Focus has a fifty-two week low of $1.14 and a fifty-two week high of $2.95. The firm has a market cap of $9.52 million, a P/E ratio of -4.64 and a beta of 1.85.

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.