StockNews.com initiated coverage on shares of ENGlobal (NASDAQ:ENG – Free Report) in a research note issued to investors on Wednesday. The brokerage issued a sell rating on the construction company’s stock.
ENGlobal Price Performance
Shares of ENGlobal stock opened at $1.69 on Wednesday. The company’s fifty day simple moving average is $1.70 and its two-hundred day simple moving average is $1.72. ENGlobal has a 12-month low of $1.01 and a 12-month high of $4.56.
ENGlobal (NASDAQ:ENG – Get Free Report) last posted its earnings results on Thursday, May 9th. The construction company reported ($0.27) earnings per share (EPS) for the quarter. The business 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.
Read More
- Five stocks we like better than ENGlobal
- How to Invest in Insurance Companies: A Guide
- MarketBeat Week in Review – 5/20 – 5/24
- How is Compound Interest Calculated?
- NASDAQ 100 vs. NASDAQ Composite: A Detailed Breakdown of NASDAQ
- What to Know About Investing in Penny Stocks
- These 2 Retail Traders Favorites are Nearing Major Breakouts
Receive News & Ratings for ENGlobal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ENGlobal and related companies with MarketBeat.com's FREE daily email newsletter.
