EFOI | Energy Focus Has Been Lighting Up The Charts

Bright! That’s the best way to describe the recent activity on the penny stock of Energy Focus, Inc. (EFOI), a multi-million dollar designer, developer, manufacturer, marketer, and installer of energy-efficient lighting systems and solutions. Coming off a relatively normal quarter where sales topped $7 million for the 3 months ended, EFOI stock set a new 52 week high yesterday after gaining over 100% during the month of September. The news off their $50 million opportunity to the retrofit U.S. Navy ships over the next 10 years with their LED lighting technologies is a gravy train worth ever cent and trader’s have already boarded because of it.

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Energy Focus Inc., EFOI,EFOI Stock, OTCBB:EFOI,hot penny stocks, hot OTC stocks, best OTC stocks, best penny stocks, EFOI Stock Quote

Market Cap: 31.95M
Last: 0.65 ▲ +0.06 (+10.17%)
Volume: 301,528
Dollar Volume: $170,691
Open: 0.42
High (New 52Wk): 0.65
Low: 0.42
Trades: 83
Authorized: 150,000,000
Issued and Outstanding: 49,158,886
14-Day Rel Strength: 79.49%
1st Resistance Point: 0.7267
1st Support Level: 0.4967

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Fit like a Navy sailor would be, Energy Focus is due to break $20 million in net sales for the 4th consecutive year, 5th out of the last 6. The Company’s 80% cost savings from their LED, fiber optic, HID, fluorescent tube and other highly energy-efficient lighting technologies provide full-spectrum light, closely simulating daylight colors, to a global client base, for commercial buildings and pool lighting.

Delisted from the NASDAQ on December 15, 2011, for failing to trade above $1, EFOI stock actually went dark for a while, deleted from OTCBB on January 15, 2013 due to quoting inactivity under SEC Rule 15c2-11. However, the momentary pause had no effect on what started the year as a 0.155 penny stock and has now, for the 2nd time this year, burst through 0.60 having it’s largest volume trading session of the year on Wednesday.

Looking under the hood, Energy Focus is in better shape, as of June 30, 2013, than they were at the start of the year. Cash was valued at $2.26 million compared to $1.18 million and gross profit numbers are improving despite the slightly lower revenues reported: $2.02 million and $3.22 million for the 3 and 6 months ended June 30, 2013 versus $1.70 million and $2.49 million for the same periods in 2012.

Seeing as how EFOI is making such a huge impact and the lack of a good play being out there, aggressive attention may soon find its way towards this once NASDAQ listed stock. Given the chance to see a short squeeze, EFOI could test much higher levels as it closes in on the end of 2013.

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About EFOI Stock

Energy Focus, Inc. and its subsidiaries engage in the design, development, manufacturing, marketing, and installation of energy-efficient lighting systems and solutions where the Company serves two segments: solutions segment providing turnkey, high-quality, energy-efficient lighting application alternatives primarily to the existing public-sector building market; and products segment providing military, general commercial and industrial lighting and pool lighting offerings, each of which markets and sells energy-efficient lighting systems.

Click here to view the SEC filings for EFOI.
Click here to view the website for Energy Focus’ Fiberstars.

Last 5 Trading Sessions:

Date Open High Low Last Change % Change Volume
10/03/13 0.4200 0.6500 0.4200 0.6500 +0.0600 +10.17% 301,500
10/02/13 0.5100 0.5900 0.4900 0.5900 +0.0900 +18.00% 603,600
10/01/13 0.4000 0.5000 0.4000 0.5000 +0.0800 +19.05% 156,300
09/30/13 0.4400 0.4600 0.4200 0.4200 -0.0300 -6.67% 27,900
09/27/13 0.4200 0.4800 0.4100 0.4500 +0.0500 +12.50% 261,400


Bottom Line:

EFOI stock is as real a penny stock as you can find on the OTC markets. Even at 0.65, the opportunities for a crew of seasoned professionals running this multi-million dollar, multi-national could help to push full steam ahead into uncharted waters for EFOI traders.

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