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

Research analysts at StockNews.com initiated coverage on shares of Energy Focus (NASDAQ:EFOI) in a note issued to investors on Saturday. The brokerage set a “sell” rating on the construction company’s stock.

Energy Focus Stock Performance

EFOI stock opened at $2.05 on Friday. Energy Focus has a fifty-two week low of $1.14 and a fifty-two week high of $2.95. The business’s 50-day moving average is $1.39 and its two-hundred day moving average is $1.36. The company has a market cap of $10.78 million, a price-to-earnings ratio of -5.26 and a beta of 1.85.

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.