Somewhat Favorable News Coverage Somewhat Unlikely to Affect Energy Focus (EFOI) Share Price

Media coverage about Energy Focus (NASDAQ:EFOI) has trended somewhat positive this week, Accern Sentiment reports. The research group ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Energy Focus earned a media sentiment score of 0.25 on Accern’s scale. Accern also assigned media headlines about the construction company an impact score of 44.689097677599 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Several equities research analysts have recently issued reports on EFOI shares. ValuEngine cut Energy Focus from a “sell” rating to a “strong sell” rating in a report on Tuesday, September 26th. Roth Capital set a $2.00 target price on Energy Focus and gave the stock a “hold” rating in a report on Friday, October 6th. Zacks Investment Research cut Energy Focus from a “buy” rating to a “hold” rating in a report on Wednesday, October 11th. B. Riley reaffirmed a “neutral” rating on shares of Energy Focus in a report on Wednesday, November 1st. Finally, HC Wainwright reaffirmed a “buy” rating and issued a $6.00 target price on shares of Energy Focus in a report on Thursday, November 9th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the stock. Energy Focus currently has an average rating of “Hold” and a consensus target price of $3.45.

Shares of Energy Focus (NASDAQ EFOI) traded down $0.11 during midday trading on Friday, reaching $2.87. The company’s stock had a trading volume of 10,594 shares, compared to its average volume of 47,292. Energy Focus has a 52 week low of $1.51 and a 52 week high of $4.95. The company has a market capitalization of $34.38, a PE ratio of -1.95 and a beta of -0.13.

Energy Focus (NASDAQ:EFOI) last issued its quarterly earnings data on Wednesday, November 8th. The construction company reported ($0.17) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.20) by $0.03. Energy Focus had a negative return on equity of 45.60% and a negative net margin of 77.18%. research analysts expect that Energy Focus will post -0.95 EPS for the current fiscal year.

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Energy Focus Company Profile

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.

Insider Buying and Selling by Quarter for Energy Focus (NASDAQ:EFOI)

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