EFOI Stock Summary and Trading Ideas (Energy Focus | NASDAQ:EFOI)

Energy Focus Inc engages in the design, development, manufacturing, marketing, and sale of energy-efficient lighting systems and controls. It serves the military maritime market and general commercial markets. Its product offerings include Military maritime LED lighting products such as military intelligible, globe lights, berth lights, and military fixtures and Commercial products such as LED fixtures and panels, LED down-lights, LED dock lights, wall-packs, and LED retrofit kits. Geographically, it operates in the United States and other countries. Its products include commercial products and MMM products. It generates a majority of its sales from Military maritime products in the United States.

Energy Focus trades on the NASDAQ stock market under the symbol EFOI.

As of April 19, 2024, EFOI stock price declined to $1.40 with 4,358 million shares trading.

EFOI has a beta of -1.89, meaning it tends to be less sensitive to market movements. EFOI has a correlation of 0.01 to the broad based SPY ETF.

EFOI has a market cap of $6.22 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, EFOI stock traded as high as $8.17 and as low as $.27.

The top ETF exchange traded funds that EFOI belongs to (by Net Assets): VXF, CCSO.

EFOI has outperformed the market in the last year with a return of +167.9%, while the SPY ETF gained +21.2%. However, in the most recent history, EFOI shares have underperformed the stock market with its stock returning -5.4% in the last 3 month period and -5.4% for the last 2 week period, while SPY has returned +4.3% and -3.5%, respectively.

EFOI support price is $1.36 and resistance is $1.58 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that EFOI stock will trade within this expected range on the day.