Energy Focus (EFOI) Getting Somewhat Positive News Coverage, Analysis Finds

Media coverage about Energy Focus (NASDAQ:EFOI) has been trending somewhat positive recently, according to Accern Sentiment. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Energy Focus earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave news headlines about the construction company an impact score of 45.4658084633015 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

A number of research firms have recently commented on EFOI. B. Riley reaffirmed a “neutral” rating on shares of Energy Focus in a research note on Wednesday, November 1st. Zacks Investment Research raised shares of Energy Focus from a “hold” rating to a “buy” rating and set a $3.25 price objective for the company in a research note on Monday, November 13th. HC Wainwright reaffirmed a “buy” rating and set a $6.00 price objective on shares of Energy Focus in a research note on Thursday, November 9th. ValuEngine downgraded shares of Energy Focus from a “sell” rating to a “strong sell” rating in a research note on Tuesday, September 26th. Finally, Roth Capital set a $2.00 price objective on shares of Energy Focus and gave the company a “hold” rating in a research note on Friday, October 6th. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $3.45.

Shares of Energy Focus (EFOI) traded up $0.03 during trading hours on Thursday, hitting $3.22. The stock had a trading volume of 20,111 shares, compared to its average volume of 69,071. Energy Focus has a 1-year low of $1.51 and a 1-year high of $5.17. The stock has a market cap of $37.82, a PE ratio of -2.19 and a beta of -0.13.

TRADEMARK VIOLATION NOTICE: This news story was originally posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this news story on another website, it was illegally copied and republished in violation of US & international trademark & copyright laws. The correct version of this news story can be accessed at https://www.dispatchtribunal.com/2018/01/11/somewhat-positive-media-coverage-somewhat-unlikely-to-affect-energy-focus-efoi-share-price.html.

About Energy Focus

Energy Focus, Inc along with its subsidiaries is engaged in the design, development, manufacturing, marketing, installation and sale of lighting systems. The Company is engaged in developing and selling of light-emitting diode (LED) lighting products for military maritime market, and general commercial and industrial markets.

Insider Buying and Selling by Quarter for Energy Focus (NASDAQ:EFOI)

Receive News & Ratings for Energy Focus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energy Focus and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply