Energy Focus (NASDAQ:EFOI) Stock Passes Below 200-Day Moving Average – What’s Next?

Energy Focus, Inc. (NASDAQ:EFOIGet Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $2.42 and traded as low as $2.06. Energy Focus shares last traded at $2.06, with a volume of 9,676 shares.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Energy Focus in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Energy Focus has an average rating of “Sell”.

Read Our Latest Research Report on Energy Focus

Energy Focus Price Performance

The business has a 50-day simple moving average of $2.24 and a 200 day simple moving average of $2.42. The firm has a market cap of $11.08 million, a PE ratio of -11.35 and a beta of 1.54.

Energy Focus (NASDAQ:EFOIGet Free Report) last announced its quarterly earnings data on Wednesday, November 12th. The construction company reported ($0.03) EPS for the quarter. Energy Focus had a negative net margin of 24.97% and a negative return on equity of 32.96%. The business had revenue of $0.83 million during the quarter.

Hedge Funds Weigh In On Energy Focus

An institutional investor recently bought a new position in Energy Focus stock. Citadel Advisors LLC acquired a new position in Energy Focus, Inc. (NASDAQ:EFOIFree Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 13,181 shares of the construction company’s stock, valued at approximately $37,000. Citadel Advisors LLC owned about 0.23% of Energy Focus at the end of the most recent reporting period. Hedge funds and other institutional investors own 3.67% of the company’s stock.

Energy Focus Company Profile

(Get Free Report)

Energy Focus, Inc is a United States–based innovator in sustainable lighting and disinfection solutions. The company designs, manufactures and sells high-performance LED lighting fixtures and lamps tailored for commercial, industrial and specialty applications. In addition to energy-efficient illumination products, Energy Focus offers ultraviolet-C (UV-C) germicidal lighting systems designed to inactivate microbes on surfaces and in the air, addressing growing demand for hygienic environments in healthcare, education, transportation and other sectors.

Founded in 1985 as a spin-out of U.S.

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