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

Investment analysts at StockNews.com started coverage on shares of Energy Focus (NASDAQ:EFOI) in a research report issued to clients and investors on Saturday. The firm set a “sell” rating on the construction company’s stock.

Energy Focus Stock Up 1.2 %

EFOI stock opened at $1.25 on Friday. The firm has a market capitalization of $6.58 million, a PE ratio of -3.21 and a beta of 1.80. Energy Focus has a twelve month low of $1.14 and a twelve month high of $2.90. The stock’s 50 day moving average is $1.33 and its 200-day moving average is $1.36.

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.