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

Equities researchers at StockNews.com began coverage on shares of Energy Focus (NASDAQ:EFOI) in a research report issued on Thursday. The brokerage set a “sell” rating on the construction company’s stock.

Energy Focus Stock Up 6.7 %

Shares of NASDAQ:EFOI opened at $1.36 on Thursday. Energy Focus has a 52-week low of $1.14 and a 52-week high of $2.90. The stock’s fifty day simple moving average is $1.33 and its 200-day simple moving average is $1.34. The company has a market capitalization of $7.13 million, a P/E ratio of -3.47 and a beta of 1.85.

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

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.