Energy Focus (NASDAQ:EFOI) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Energy Focus, Inc. (NASDAQ:EFOIGet Free Report)’s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $1.35 and traded as high as $2.27. Energy Focus shares last traded at $2.05, with a volume of 277,626 shares trading hands.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on shares of Energy Focus in a research note on Saturday. They issued a “sell” rating on the stock.

Get Our Latest Report on EFOI

Energy Focus Price Performance

The firm’s fifty day moving average price is $1.37 and its 200-day moving average price is $1.35. The firm has a market capitalization of $10.78 million, a P/E ratio of -5.26 and a beta of 1.85.

About Energy Focus

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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.

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