Energy Focus Inc (NASDAQ:EFOI) shares hit a new 52-week low on Tuesday . The stock traded as low as $1.77 and last traded at $1.78, with a volume of 99 shares trading hands. The stock had previously closed at $1.79.
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. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $3.44.
The company has a market cap of $24.70 million, a price-to-earnings ratio of -2.22 and a beta of -0.28.
Energy Focus (NASDAQ:EFOI) last posted its quarterly earnings data on Wednesday, August 8th. The construction company reported ($0.15) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.17) by $0.02. Energy Focus had a negative net margin of 40.01% and a negative return on equity of 42.65%. The company had revenue of $5.17 million during the quarter, compared to the consensus estimate of $5.50 million. As a group, equities research analysts anticipate that Energy Focus Inc will post -0.65 EPS for the current year.
About Energy Focus (NASDAQ:EFOI)
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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