Energy Focus (NASDAQ:EFOI) Share Price Passes Above 200-Day Moving Average – What’s Next?

Energy Focus, Inc. (NASDAQ:EFOI)’s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $2.31 and traded as high as $2.35. Energy Focus shares last traded at $2.31, with a volume of 2,267 shares trading hands.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Energy Focus in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

Energy Focus Trading Down 1.7%

The firm’s fifty day simple moving average is $2.75 and its 200 day simple moving average is $2.31. The company has a market cap of $12.65 million, a price-to-earnings ratio of -11.55 and a beta of 1.18.

Energy Focus (NASDAQ:EFOI) last released its quarterly earnings data on Tuesday, August 12th. The construction company reported ($0.04) earnings per share (EPS) for the quarter. The firm had revenue of $1.14 million for the quarter. Energy Focus had a negative return on equity of 37.67% and a negative net margin of 26.19%.

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.