StockNews.com assumed coverage on shares of ENGlobal (NASDAQ:ENG – Free Report) in a research note issued to investors on Friday morning. The firm issued a sell rating on the construction company’s stock.
ENGlobal Trading Up 2.6 %
Shares of ENG stock opened at $1.29 on Friday. The stock has a 50 day simple moving average of $1.48 and a two-hundred day simple moving average of $1.56. ENGlobal has a fifty-two week low of $1.01 and a fifty-two week 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) EPS for the quarter. The firm had revenue of $6.14 million during the quarter. ENGlobal had a negative net margin of 24.63% and a negative return on equity of 9,826.93%.
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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