Energy Focus Inc. (NASDAQ:EFOI) traded down 4.6% on Monday . The stock traded as low as $5.79 and last traded at $5.82, with a volume of 74,811 shares. The stock had previously closed at $6.10.

Several equities research analysts have weighed in on the company. FBR & Co reissued a “buy” rating and issued a $12.00 price target on shares of Energy Focus in a report on Saturday, April 9th. Canaccord Genuity reaffirmed a “hold” rating on shares of Energy Focus in a report on Thursday, May 12th. Finally, Zacks Investment Research downgraded Energy Focus from a “hold” rating to a “sell” rating in a report on Tuesday, April 19th. Four equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $17.83.

The company has a market capitalization of $67.12 million and a P/E ratio of 11.34. The stock’s 50-day moving average price is $5.82 and its 200 day moving average price is $7.72.

Energy Focus (NASDAQ:EFOI) last issued its quarterly earnings results on Wednesday, May 11th. The company reported ($0.17) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.21) by $0.04. The company had revenue of $8.40 million for the quarter, compared to analysts’ expectations of $8.19 million. The business’s revenue for the quarter was down 33.1% on a year-over-year basis. On average, analysts predict that Energy Focus Inc. will post ($0.12) EPS for the current fiscal year.

A hedge fund recently raised its stake in Energy Focus stock. Morgan Stanley increased its stake in Energy Focus Inc. (NASDAQ:EFOI) by 9.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 84,827 shares of the company’s stock after buying an additional 7,210 shares during the period. Morgan Stanley owned approximately 0.73% of Energy Focus worth $1,166,000 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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with's FREE daily email newsletter.