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

Equities researchers at StockNews.com assumed 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 Up 5.7%

Shares of NASDAQ EFOI opened at $1.72 on Tuesday. Energy Focus has a 52 week low of $1.14 and a 52 week high of $2.95. The firm has a 50-day moving average price of $1.86 and a 200 day moving average price of $1.59. The stock has a market capitalization of $9.20 million, a price-to-earnings ratio of -4.40 and a beta of 1.88.

Energy Focus (NASDAQ:EFOI) last announced its quarterly earnings data on Tuesday, March 25th. The construction company reported ($0.05) EPS for the quarter. Energy Focus had a negative net margin of 35.77% and a negative return on equity of 71.48%. The company had revenue of $1.28 million during the quarter.

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.