Investment analysts at StockNews.com initiated coverage on shares of ENGlobal (NASDAQ:ENG – Get Free Report) in a report issued on Monday. The firm set a “sell” rating on the construction company’s stock.
ENGlobal Trading Up 1.4 %
Shares of NASDAQ:ENG opened at $1.31 on Monday. ENGlobal has a 1 year low of $1.01 and a 1 year high of $3.58. The firm’s 50-day moving average is $1.56 and its two-hundred day moving average is $1.62.
ENGlobal (NASDAQ:ENG – Get Free Report) last announced its earnings results on Thursday, May 9th. The construction company reported ($0.27) earnings per share for the quarter. The business had revenue of $6.53 million for the quarter. ENGlobal had a negative return on equity of 9,826.93% and a negative net margin of 31.57%.
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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