Energy Focus (NASDAQ:EFOI) Issues Quarterly Earnings Results

Energy Focus (NASDAQ:EFOI) announced its earnings results on Wednesday. The construction company reported ($0.03) EPS for the quarter, FiscalAI reports. Energy Focus had a negative net margin of 26.19% and a negative return on equity of 37.67%. The business had revenue of $0.83 million for the quarter.

Energy Focus Stock Performance

Shares of NASDAQ EFOI traded down $0.02 during trading on Wednesday, hitting $2.33. The company had a trading volume of 357 shares, compared to its average volume of 383,949. The firm has a market capitalization of $12.76 million, a P/E ratio of -11.65 and a beta of 1.18. The stock has a 50 day simple moving average of $2.75 and a 200 day simple moving average of $2.31. Energy Focus has a 12 month low of $1.19 and a 12 month high of $3.56.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Energy Focus in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Energy Focus currently has a consensus rating of “Sell”.

Energy Focus Company Profile

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.