Energy Focus (NASDAQ:EFOI) Issues Earnings Results

Energy Focus (NASDAQ:EFOI) posted its quarterly earnings data 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 firm had revenue of $0.83 million during the quarter.

Energy Focus Stock Performance

Shares of EFOI remained flat at $2.34 during mid-day trading on Thursday. The company’s stock had a trading volume of 5,476 shares, compared to its average volume of 382,208. Energy Focus has a 52-week low of $1.19 and a 52-week high of $3.56. The stock’s 50 day moving average price is $2.74 and its two-hundred day moving average price is $2.31. The company has a market capitalization of $12.81 million, a price-to-earnings ratio of -11.70 and a beta of 1.18.

Analysts Set New Price Targets

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

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.