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

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

Energy Focus Stock Performance

Energy Focus stock opened at $1.30 on Friday. Energy Focus has a fifty-two week low of $1.14 and a fifty-two week high of $2.90. The firm’s fifty day moving average price is $1.32 and its 200-day moving average price is $1.34. The stock has a market cap of $6.84 million, a P/E ratio of -3.33 and a beta of 1.82.

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.