StockNews.com started coverage on shares of ENGlobal (NASDAQ:ENG – Free Report) in a research report released on Wednesday. The firm issued a sell rating on the construction company’s stock.
ENGlobal Price Performance
ENG opened at $1.34 on Wednesday. ENGlobal has a 1-year low of $1.01 and a 1-year high of $2.40. The company has a 50-day moving average of $1.32 and a 200-day moving average of $1.48.
ENGlobal (NASDAQ:ENG – Get Free Report) last announced its quarterly earnings data on Thursday, August 8th. The construction company reported ($0.23) earnings per share (EPS) for the quarter. ENGlobal had a negative net margin of 24.63% and a negative return on equity of 9,826.93%. The firm had revenue of $6.14 million for the quarter.
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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