StockNews.com started coverage on shares of ENGlobal (NASDAQ:ENG – Free Report) in a report released on Monday. The firm issued a sell rating on the construction company’s stock.
ENGlobal Stock Performance
ENG opened at $1.39 on Monday. ENGlobal has a fifty-two week low of $1.01 and a fifty-two week high of $2.80. The company’s 50-day moving average price is $1.35 and its 200 day moving average price is $1.51.
ENGlobal (NASDAQ:ENG – Get Free Report) last released its quarterly earnings data on Thursday, August 8th. The construction company reported ($0.23) earnings per share for the quarter. The business had revenue of $6.14 million for the quarter. ENGlobal had a negative return on equity of 9,826.93% and a negative net margin of 24.63%.
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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