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

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

Energy Focus Stock Performance

NASDAQ:EFOI traded up $0.01 during trading hours on Thursday, reaching $1.59. The stock had a trading volume of 7,237 shares, compared to its average volume of 27,538. Energy Focus has a 12-month low of $1.20 and a 12-month high of $3.66. The stock has a 50 day simple moving average of $1.63 and a 200 day simple moving average of $1.55. The stock has a market cap of $7.06 million, a P/E ratio of -0.57 and a beta of 1.90.

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.