Energy Focus, Inc. (EFOI) is a leading provider of energy efficient LED lighting products, and a developer of energy efficient lighting technology.
Reported before open today (5/11/16) Earnings: EPS -$0.17 Revenue $8.4M Estimates: EPS -$0.24 Revenue $8.2M Up 6.51% so far today
Wow last time I checked it was down 5%. No idea, how did this go from -5% (down) to +7.3% (up) within the same day. I never understood why it was going down at the first place as ER wasn't too bad... I guess shorts realized they were being greedy and started to cover. Its balance sheet and valuation don't look bad at all. Maybe it will be beneficial to keep an eye... $6.43 right now up from $5.68 (LOD.. actually 52 week low) earlier today... I see a bullish engulfing too... Guess I will be doing some DD tonight
I ended up buying some with average of $6.38 after it hold well yesterday.. It is going up again and seems strong.
