StockNews.com began coverage on shares of ENGlobal (NASDAQ:ENG – Free Report) in a research report sent to investors on Wednesday. The firm issued a sell rating on the construction company’s stock.
ENGlobal Trading Up 0.8 %
Shares of ENG opened at $1.21 on Wednesday. ENGlobal has a 12-month low of $1.01 and a 12-month high of $2.86. The business’s fifty day moving average is $1.53 and its 200 day moving average is $1.61.
ENGlobal (NASDAQ:ENG – Get Free Report) last released its quarterly earnings results on Thursday, August 8th. The construction company reported ($0.23) EPS for the quarter. The company 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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