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

by · The Cerbat Gem

StockNews.com began coverage on shares of Energy Focus (NASDAQ:EFOIFree Report) in a research report sent to investors on Thursday. The firm issued a sell rating on the construction company’s stock.

Energy Focus Stock Down 2.0 %

NASDAQ:EFOI opened at $1.39 on Thursday. The business’s 50-day moving average price is $1.64 and its two-hundred day moving average price is $1.58. Energy Focus has a twelve month low of $1.20 and a twelve month high of $2.90.

Energy Focus (NASDAQ:EFOIGet Free Report) last announced its earnings results on Monday, May 13th. The construction company reported ($0.13) earnings per share for the quarter. Energy Focus had a negative net margin of 60.11% and a negative return on equity of 107.49%. The company had revenue of $0.83 million during the quarter.

About Energy Focus

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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.

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