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

StockNews.com started coverage on shares of Energy Focus (NASDAQ:EFOI) in a report issued on Wednesday. The brokerage set a “sell” rating on the construction company’s stock.

Energy Focus Stock Performance

Shares of NASDAQ:EFOI opened at $1.58 on Wednesday. Energy Focus has a 52 week low of $1.20 and a 52 week high of $3.66. The company’s fifty day moving average is $1.65 and its 200-day moving average is $1.56. The company has a market capitalization of $7.02 million, a PE ratio of -0.57 and a beta of 1.83.

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.