StockNews.com began coverage on shares of ENGlobal (NASDAQ:ENG – Free Report) in a research note released on Thursday morning. The firm issued a sell rating on the construction company’s stock.
ENGlobal Trading Up 7.7 %
NASDAQ ENG opened at $1.54 on Thursday. The company’s 50 day simple moving average is $1.52 and its two-hundred day simple moving average is $1.58. ENGlobal has a 1 year low of $1.01 and a 1 year high of $2.86.
ENGlobal (NASDAQ:ENG – Get Free Report) last announced its earnings results on Thursday, August 8th. The construction company reported ($0.23) earnings per share for the quarter. The business had revenue of $6.14 million during 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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