Energy Focus (NASDAQ:EFOI) Posts Quarterly Earnings Results

Energy Focus (NASDAQ:EFOI) released its quarterly earnings results on Tuesday. The construction company reported ($0.05) earnings per share for the quarter, Zacks reports. Energy Focus had a negative return on equity of 71.48% and a negative net margin of 35.77%.

Energy Focus Stock Up 1.0 %

Shares of EFOI traded up $0.02 during midday trading on Tuesday, hitting $2.04. The company’s stock had a trading volume of 1,292 shares, compared to its average volume of 332,329. Energy Focus has a one year low of $1.14 and a one year high of $2.95. The stock has a market capitalization of $10.73 million, a price-to-earnings ratio of -5.23 and a beta of 1.73. The company’s fifty day simple moving average is $1.78 and its two-hundred day simple moving average is $1.48.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on shares of Energy Focus in a report on Tuesday, March 18th. They issued a “sell” rating for the company.

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.