Energy Focus (NASDAQ:EFOI) Coverage Initiated by Analysts at StockNews.com

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

Energy Focus Price Performance

Shares of NASDAQ:EFOI traded up $0.01 during trading on Thursday, reaching $1.59. 7,237 shares of the stock were exchanged, compared to its average volume of 27,538. Energy Focus has a 1-year low of $1.20 and a 1-year high of $3.66. The firm has a market cap of $7.06 million, a price-to-earnings ratio of -0.57 and a beta of 1.90. The stock has a fifty day moving average of $1.63 and a two-hundred day moving average of $1.55.

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.