Equities researchers at StockNews.com assumed coverage on shares of ENGlobal (NASDAQ:ENG – Get Free Report) in a research report issued on Saturday. The brokerage set a “sell” rating on the construction company’s stock.
ENGlobal Stock Performance
Shares of ENG stock opened at $1.41 on Friday. The company’s 50-day simple moving average is $1.66 and its two-hundred day simple moving average is $1.66. ENGlobal has a one year low of $1.01 and a one year high of $3.68.
ENGlobal (NASDAQ:ENG – Get Free Report) last issued its earnings results on Thursday, May 9th. The construction company reported ($0.27) EPS for the quarter. The company had revenue of $6.53 million during the quarter. ENGlobal had a negative return on equity of 9,826.93% and a negative net margin of 31.57%.
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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