Research analysts at StockNews.com initiated coverage on shares of ENGlobal (NASDAQ:ENG – Get Free Report) in a report issued on Monday. The brokerage set a “sell” rating on the construction company’s stock.
ENGlobal Stock Performance
NASDAQ ENG opened at $1.33 on Monday. The stock’s 50-day moving average price is $1.36 and its two-hundred day moving average price is $1.51. ENGlobal has a 1 year low of $1.01 and a 1 year high of $2.80.
ENGlobal (NASDAQ:ENG – Get Free Report) last posted its quarterly earnings data on Thursday, August 8th. The construction company reported ($0.23) earnings per share (EPS) for the quarter. The company had revenue of $6.14 million for 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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