StockNews.com began coverage on shares of ENGlobal (NASDAQ:ENG – Free Report) in a research report released on Sunday morning. The firm issued a sell rating on the construction company’s stock.
ENGlobal Trading Up 0.8 %
Shares of NASDAQ ENG opened at $1.29 on Friday. ENGlobal has a one year low of $1.01 and a one year high of $2.80. The firm’s 50 day simple moving average is $1.37 and its two-hundred day simple moving average is $1.53.
ENGlobal (NASDAQ:ENG – Get Free Report) last released its quarterly earnings data on Thursday, August 8th. The construction company reported ($0.23) EPS for the quarter. The company had revenue of $6.14 million during the quarter. ENGlobal had a negative return on equity of 9,826.93% and a negative net margin of 24.63%.
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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