Energy Focus Inc. (NASDAQ:EFOI) shares traded down 3% during trading on Friday . The stock traded as low as $5.55 and last traded at $5.56, with a volume of 103,236 shares traded. The stock had previously closed at $5.73.

A number of analysts recently weighed in on the company. FBR & Co restated a “buy” rating and issued a $12.00 target price on shares of Energy Focus in a research report on Saturday, April 9th. Canaccord Genuity restated a “hold” rating on shares of Energy Focus in a research report on Thursday, May 12th. Finally, Zacks Investment Research upgraded Energy Focus from a “sell” rating to a “hold” rating in a research report on Monday, April 25th. Four analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $17.83.

The company has a market capitalization of $65.13 million and a PE ratio of 11.00. The firm’s 50 day moving average is $5.94 and its 200 day moving average is $8.34.

Energy Focus (NASDAQ:EFOI) last posted its quarterly earnings data on Wednesday, May 11th. The company reported ($0.17) EPS for the quarter, topping the consensus estimate of ($0.21) by $0.04. The company earned $8.40 million during the quarter, compared to the consensus estimate of $8.19 million. The firm’s quarterly revenue was down 33.1% compared to the same quarter last year. Analysts forecast that Energy Focus Inc. will post ($0.12) EPS for the current fiscal year.

A hedge fund recently bought a new stake in Energy Focus stock. Oxford Asset Management bought a new stake in Energy Focus Inc. (NASDAQ:EFOI) during the fourth quarter, according to its most recent disclosure with the SEC. The fund bought 120,346 shares of the company’s stock, valued at approximately $1,672,000. Oxford Asset Management owned approximately 1.04% of Energy Focus at the end of the most recent quarter.

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.

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