Energy Focus Inc. (NASDAQ:EFOI)’s share price reached a new 52-week low during trading on Thursday . The company traded as low as $3.81 and last traded at $3.83, with a volume of 63,722 shares traded. The stock had previously closed at $3.90.

A number of equities analysts recently commented on EFOI shares. FBR & Co dropped their price objective on Energy Focus from $12.00 to $10.00 and set an “outperform” rating on the stock in a report on Thursday, May 12th. Canaccord Genuity restated a “hold” rating on shares of Energy Focus in a report on Thursday, May 12th. Benchmark Co. downgraded Energy Focus from a “buy” rating to a “hold” rating in a report on Friday, August 12th. Oppenheimer Holdings Inc. downgraded Energy Focus from a “buy” rating to a “hold” rating in a report on Friday, August 12th. Finally, Roth Capital reiterated a “neutral” rating and set a $5.00 price target (down previously from $6.00) on shares of Energy Focus in a report on Sunday, August 14th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company. Energy Focus currently has an average rating of “Hold” and an average price target of $15.39.

The stock has a 50 day moving average of $5.28 and a 200 day moving average of $7.05. The company’s market cap is $45.59 million.

Energy Focus (NASDAQ:EFOI) last released its quarterly earnings data on Thursday, August 11th. The company reported ($0.34) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.09) by $0.25. The firm earned $7.10 million during the quarter, compared to analyst estimates of $11.07 million. The company’s revenue was down 56.2% on a year-over-year basis. Analysts expect that Energy Focus Inc. will post ($0.97) EPS for the current year.

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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