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

StockNews.com assumed coverage on shares of Energy Focus (NASDAQ:EFOI) in a report released on Thursday. The firm set a “sell” rating on the construction company’s stock.

Energy Focus Stock Down 2.5 %

NASDAQ EFOI opened at $1.37 on Thursday. The stock’s 50-day simple moving average is $1.34 and its two-hundred day simple moving average is $1.40. Energy Focus has a twelve month low of $1.14 and a twelve month high of $2.90. The company has a market capitalization of $7.21 million, a price-to-earnings ratio of -3.51 and a beta of 1.80.

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.