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

StockNews.com assumed coverage on shares of Energy Focus (NASDAQ:EFOI) in a research note released on Sunday. The firm issued a sell rating on the construction company’s stock.

Energy Focus Trading Up 1.2 %

Shares of EFOI stock opened at $2.44 on Friday. Energy Focus has a 1-year low of $1.14 and a 1-year high of $2.95. The company has a market capitalization of $12.84 million, a price-to-earnings ratio of -6.26 and a beta of 1.73. The stock’s fifty day simple moving average is $1.51 and its 200-day simple moving average is $1.40.

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.