Energy Focus (NASDAQ:EFOI) Stock Price Crosses Below 200-Day Moving Average – Should You Sell?

Energy Focus, Inc. (NASDAQ:EFOI) shares crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $2.43 and traded as low as $2.18. Energy Focus shares last traded at $2.2850, with a volume of 6,789 shares traded.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Energy Focus in a report on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Energy Focus has a consensus rating of “Sell”.

Energy Focus Stock Up 1.6%

The business’s fifty day moving average price is $2.28 and its 200 day moving average price is $2.43. The firm has a market capitalization of $13.12 million, a PE ratio of -13.44 and a beta of 1.51.

Energy Focus (NASDAQ:EFOI) last announced its quarterly earnings data on Wednesday, November 12th. The construction company reported ($0.03) earnings per share (EPS) for the quarter. The firm had revenue of $0.83 million for the quarter. Energy Focus had a negative net margin of 24.97% and a negative return on equity of 32.96%.

Institutional Investors Weigh In On Energy Focus

An institutional investor recently bought a new position in Energy Focus stock. Citadel Advisors LLC bought a new stake in Energy Focus, Inc. (NASDAQ:EFOI) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 13,181 shares of the construction company’s stock, valued at approximately $37,000. Citadel Advisors LLC owned about 0.23% of Energy Focus at the end of the most recent quarter. 3.67% of the stock is currently owned by hedge funds and other institutional investors.

Energy Focus Company Profile

Energy Focus, Inc is a United States–based innovator in sustainable lighting and disinfection solutions. The company designs, manufactures and sells high-performance LED lighting fixtures and lamps tailored for commercial, industrial and specialty applications. In addition to energy-efficient illumination products, Energy Focus offers ultraviolet-C (UV-C) germicidal lighting systems designed to inactivate microbes on surfaces and in the air, addressing growing demand for hygienic environments in healthcare, education, transportation and other sectors.

Founded in 1985 as a spin-out of U.S.