StockNews.com started coverage on shares of ENGlobal (NASDAQ:ENG – Free Report) in a research note released on Monday. The brokerage issued a sell rating on the construction company’s stock.
ENGlobal Price Performance
Shares of ENGlobal stock opened at $1.39 on Monday. The company has a fifty day moving average price of $1.35 and a 200 day moving average price of $1.51. ENGlobal has a twelve month low of $1.01 and a twelve month high of $2.80.
ENGlobal (NASDAQ:ENG – Get Free Report) last announced its quarterly earnings results on Thursday, August 8th. The construction company reported ($0.23) earnings per share for the quarter. ENGlobal had a negative return on equity of 9,826.93% and a negative net margin of 24.63%. The business had revenue of $6.14 million for the quarter.
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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