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

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

Energy Focus Trading Down 1.5 %

EFOI opened at $1.30 on Monday. Energy Focus has a 12 month low of $1.14 and a 12 month high of $2.90. The business’s 50-day moving average price is $1.29 and its 200-day moving average price is $1.43. The company has a market cap of $6.84 million, a P/E ratio of -3.33 and a beta of 1.78.

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.