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

Equities researchers at StockNews.com began coverage on shares of Energy Focus (NASDAQ:EFOI) in a research note issued to investors on Sunday. The firm set a “sell” rating on the construction company’s stock.

Energy Focus Stock Down 8.4 %

NASDAQ EFOI opened at $1.25 on Friday. Energy Focus has a fifty-two week low of $1.20 and a fifty-two week high of $2.90. The firm’s fifty day moving average price is $1.40 and its two-hundred day moving average price is $1.54.

Energy Focus (NASDAQ:EFOI) last issued its quarterly earnings data on Monday, August 12th. The construction company reported ($0.12) earnings per share for the quarter. The firm had revenue of $1.55 million for the quarter. Energy Focus had a negative return on equity of 86.25% and a negative net margin of 45.19%.

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.