Energy Focus (NASDAQ:EFOI) Shares Cross Below Two Hundred Day Moving Average of $1.58

Shares of Energy Focus, Inc. (NASDAQ:EFOI) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $1.58 and traded as low as $1.27. Energy Focus shares last traded at $1.31, with a volume of 6,105 shares traded.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on shares of Energy Focus in a research report on Thursday. They issued a “sell” rating on the stock.

Energy Focus Stock Performance

The firm has a 50 day moving average price of $1.64 and a two-hundred day moving average price of $1.58.

Energy Focus (NASDAQ:EFOI) last issued its quarterly earnings results on Monday, May 13th. The construction company reported ($0.13) EPS for the quarter. Energy Focus had a negative return on equity of 107.49% and a negative net margin of 60.11%. The business had revenue of $0.83 million during the quarter.

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.