The price of Energy Focus Inc. (NASDAQ:EFOI) shares last traded on Wall Street rose 33.78% to $0.67.
Based on available information, 1 analysts follow Energy Focus Inc. (NASDAQ:EFOI). The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $6.00 and a low of $6.00, we find $6.00. Given the previous closing price of $0.50, this indicates a potential upside of 1100.0 percent. EFOI stock price is now 21.88% away from the 50-day moving average and -7.96% away from the 200-day moving average. The market capitalization of the company currently stands at $6.08M.
Do You Know The Best Place To Find Gains In Volatile Markets?
In today's chaotic marketplace, the biggest gains will come from some currently-small companies that pass by older, larger businesses still stuck in a pre-pandemic world. The trick is figuring out which small caps will be tomorrow's winners. That's why StockWire News has put together a special Wealth Building Report, highlighting 3 small cap stocks set to soar in 2023.
Click here for full details and to join for free.
Sponsored
Among analysts, 1 rate the stock a hold while 0 rate it a buy. Brokers who have rated the stock have averaged $6.00 as their price target over the next twelve months.
With the price target reduced from $4.50 to $3.50, FBR & Co. maintained Mkt Perform rating for Energy Focus Inc. (NASDAQ: EFOI). On November 15, 2016, The Benchmark Company reiterated its ‘Buy’ rating on the stock by increasing its target price from $6 to quote $5, while ‘FBR Capital’ rates the stock as ‘Mkt Perform’.
A total of 1.10% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in EFOI stock. A new stake in Energy Focus Inc. shares was purchased by BLEAKLEY FINANCIAL GROUP, LLC during the first quarter worth $17,000. VIRTU FINANCIAL LLC invested $11,000 in shares of EFOI during the first quarter. In the first quarter, KRAEMATON INVESTMENT ADVISORS, INC acquired a new stake in Energy Focus Inc. valued at approximately $5,000. In total, there are 16 active investors with 5.00% ownership of the company’s stock.
A candlestick chart of Energy Focus Inc. (NASDAQ: EFOI) showed a price of $0.5200 on Tuesday morning. During the past 12 months, Energy Focus Inc. has had a low of $0.28 and a high of $3.12. As of last week, the company has a debt-to-equity ratio of 3.13, a current ratio of 1.30, and a quick ratio of 0.40. The fifty day moving average price for EFOI is $0.5494 and a two-hundred day moving average price translates $0.7271 for the stock.
The latest earnings results from Energy Focus Inc. (NASDAQ: EFOI) was released for Sep, 2022. According to the Furnishings Fixtures & Appliances Company, earnings per share came in at -$0.35, missing analysts’ expectations of -$0.2 by -0.15. This compares to -$0.22 EPS in the same period last year. The company reported revenue of $1.76 million for the quarter, compared to $2.75 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -35.83 percent. For the current quarter, analysts expect EFOI to generate $3.8M in revenue.
Energy Focus Inc.(EFOI) Company Profile
Energy Focus, Inc., together with its subsidiaries, designs, develops, manufactures, markets, and sells energy-efficient lighting systems, and controls and ultraviolet-C light disinfection products in the United States and internationally. It offers military maritime market light-emitting diode (LED) lighting products, such as Military-grade Intellitube retrofit TLED and the Invisitube ultra-low EMI TLED; and Military-grade fixtures, including LED globe lights, berth lights; high-bay fixtures and LED retrofit kits to serve the United States navy and allied foreign navies. The company also provides RedCap emergency battery backup TLEDs; EnFocus lighting platform, including dimming and color tuning; LED replacement fixtures for linear fluorescent lamps, downlights, and retrofit kits for low-bay, high-bay and office applications; LED dock lights; and nUVo tower and nUVo traveler portable UVCD air disinfectors. It sells its products to military maritime, industrial, and commercial markets through direct sales employees, independent sales representatives, electrical and lighting contractors, and distributors, as well as via e-commerce. The company was formerly known as Fiberstars, Inc. and changed its name to Energy Focus, Inc. in May 2007. Energy Focus, Inc. was founded in 1985 and is headquartered in Solon, Ohio.
