Equities researchers at StockNews.com assumed coverage on shares of ENGlobal (NASDAQ:ENG – Get Free Report) in a report released on Thursday. The firm set a “sell” rating on the construction company’s stock.
ENGlobal Stock Performance
Shares of NASDAQ:ENG opened at $1.94 on Thursday. The firm’s 50 day moving average is $1.53 and its two-hundred day moving average is $1.60. ENGlobal has a 52 week low of $1.01 and a 52 week high of $3.15.
ENGlobal (NASDAQ:ENG – Get Free Report) last announced its quarterly earnings results on Thursday, May 9th. The construction company reported ($0.27) EPS for the quarter. ENGlobal had a negative net margin of 31.57% and a negative return on equity of 9,826.93%. The firm had revenue of $6.53 million during the quarter.
ENGlobal Company Profile
ENGlobal Corporation provides engineering and professional project execution services primarily to the energy sector in the United States and internationally. It operates in two segments, Commercial and Government Services. The Commercial segment provides multi-disciplined engineering services and fabrication relating to the development, management, and execution of projects requiring professional engineering and related project management services.
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