StockNews.com started coverage on shares of ENGlobal (NASDAQ:ENG – Free Report) in a research note released on Tuesday morning. The firm issued a sell rating on the construction company’s stock.
ENGlobal Trading Down 6.0 %
Shares of NASDAQ:ENG opened at $1.35 on Tuesday. The business’s fifty day moving average price is $1.52 and its two-hundred day moving average price is $1.60. ENGlobal has a one year low of $1.01 and a one year high of $3.58.
ENGlobal (NASDAQ:ENG – Get Free Report) last posted its quarterly earnings data on Thursday, May 9th. The construction company reported ($0.27) EPS for the quarter. ENGlobal had a negative return on equity of 9,826.93% and a negative net margin of 31.57%. The company had revenue of $6.53 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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