Brokerages Set Energy Focus Inc (EFOI) PT at $4.00
Energy Focus Inc (NASDAQ:EFOI) has earned a consensus recommendation of “Hold” from the six analysts that are covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $4.00.
Separately, Roth Capital set a $2.00 target price on shares of Energy Focus and gave the company a “hold” rating in a research note on Thursday, August 9th.
Shares of NASDAQ EFOI traded down $0.08 during mid-day trading on Friday, hitting $1.93. The company had a trading volume of 8,426 shares, compared to its average volume of 14,973. Energy Focus has a 12 month low of $1.78 and a 12 month high of $3.46. The stock has a market cap of $24.70 million, a PE ratio of -2.57 and a beta of -0.28.
About Energy Focus
Energy Focus, Inc, together with its subsidiaries, designs, develops, manufactures, markets, and sells energy-efficient lighting systems in the United States and internationally. It offers various light-emitting diode (LED) lighting technologies, including military maritime products, such as Military Intellitube, globe lights, berth lights, and fixtures to serve the United States navy and allied foreign navies.
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