Equities research analysts at StockNews.com began coverage on shares of ENGlobal (NASDAQ:ENG – Get Free Report) in a report issued on Wednesday. The firm set a “sell” rating on the construction company’s stock.
ENGlobal Price Performance
ENG opened at $1.30 on Wednesday. The business’s 50-day moving average price is $1.32 and its two-hundred day moving average price is $1.48. ENGlobal has a 1 year low of $1.01 and a 1 year high of $2.40.
ENGlobal (NASDAQ:ENG – Get Free Report) last released its earnings results on Thursday, August 8th. The construction company reported ($0.23) EPS for the quarter. The firm had revenue of $6.14 million during the quarter. ENGlobal had a negative net margin of 24.63% and a negative return on equity of 9,826.93%.
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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