StockNews.com assumed coverage on shares of ENGlobal (NASDAQ:ENG – Free Report) in a research report report published on Thursday. The firm issued a sell rating on the construction company’s stock.
ENGlobal Price Performance
Shares of ENG opened at $1.93 on Thursday. ENGlobal has a 52-week low of $1.01 and a 52-week high of $3.15. The business’s 50 day moving average price is $1.53 and its two-hundred day moving average price is $1.60.
ENGlobal (NASDAQ:ENG – Get Free Report) last released its earnings results on Thursday, May 9th. The construction company reported ($0.27) earnings per share (EPS) for the quarter. The company had revenue of $6.53 million for the quarter. ENGlobal had a negative net margin of 31.57% and a negative return on equity of 9,826.93%.
About ENGlobal
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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