Energy Focus (NASDAQ:EFOI) Stock Crosses Below 200 Day Moving Average – Time to Sell?

Energy Focus, Inc. (NASDAQ:EFOI)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $1.34 and traded as low as $1.29. Energy Focus shares last traded at $1.31, with a volume of 1,248 shares.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on Energy Focus in a research report on Tuesday. They issued a “sell” rating on the stock.

Energy Focus Stock Performance

The company has a 50 day moving average of $1.33 and a 200-day moving average of $1.34. The stock has a market cap of $7.36 million, a price-to-earnings ratio of -3.59 and a beta of 1.82.

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

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.