Energy Focus (NASDAQ:EFOI) Stock Price Crosses Below Two Hundred Day Moving Average of $1.56

Energy Focus, Inc. (NASDAQ:EFOI) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $1.56 and traded as low as $1.20. Energy Focus shares last traded at $1.43, with a volume of 53,094 shares changing hands.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on Energy Focus in a research note on Wednesday. They issued a “sell” rating on the stock.

Energy Focus Stock Performance

The stock has a 50 day moving average of $1.64 and a two-hundred day moving average of $1.56. The firm has a market capitalization of $6.35 million, a P/E ratio of -0.51 and a beta of 1.83.

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.