Analysts at StockNews.com began coverage on shares of ENGlobal (NASDAQ:ENG – Get Free Report) in a research note issued to investors on Monday. The firm set a “sell” rating on the construction company’s stock.
ENGlobal Stock Performance
NASDAQ:ENG opened at $1.31 on Monday. ENGlobal has a fifty-two week low of $1.01 and a fifty-two week high of $3.58. The firm has a 50-day simple moving average of $1.56 and a two-hundred day simple moving average of $1.62.
ENGlobal (NASDAQ:ENG – Get Free Report) last announced its quarterly earnings results on Thursday, May 9th. The construction company reported ($0.27) earnings per share (EPS) for the quarter. The company had revenue of $6.53 million for the quarter. ENGlobal had a negative net margin of 31.57% 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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