StockNews.com started coverage on shares of ENGlobal (NASDAQ:ENG – Free Report) in a report published on Thursday. The firm issued a sell rating on the construction company’s stock.
ENGlobal Trading Up 7.7 %
Shares of ENGlobal stock opened at $1.54 on Thursday. The company has a 50-day simple moving average of $1.52 and a two-hundred day simple moving average of $1.58. ENGlobal has a twelve month low of $1.01 and a twelve month high of $2.86.
ENGlobal (NASDAQ:ENG – Get Free Report) last posted its quarterly earnings data on Thursday, August 8th. The construction company reported ($0.23) EPS for the quarter. The company had revenue of $6.14 million for the quarter. ENGlobal had a negative return on equity of 9,826.93% and a negative net margin of 24.63%.
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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