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

StockNews.com initiated coverage on shares of Energy Focus (NASDAQ:EFOI) in a research note released on Wednesday. The brokerage issued a sell rating on the construction company’s stock.

Energy Focus Price Performance

Shares of NASDAQ:EFOI opened at $1.85 on Wednesday. Energy Focus has a one year low of $1.14 and a one year high of $2.95. The company has a market cap of $9.73 million, a price-to-earnings ratio of -4.74 and a beta of 1.73. The firm has a 50 day simple moving average of $1.83 and a 200 day simple moving average of $1.49.

Energy Focus (NASDAQ:EFOI) last announced its quarterly earnings results on Tuesday, March 25th. The construction company reported ($0.05) EPS for the quarter. The firm had revenue of $1.28 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.