StockNews.com assumed coverage on shares of ENGlobal (NASDAQ:ENG – Free Report) in a research report report published on Tuesday. The firm issued a sell rating on the construction company’s stock.
ENGlobal Stock Performance
Shares of ENGlobal stock opened at $1.43 on Tuesday. ENGlobal has a one year low of $1.01 and a one year high of $3.58. The stock’s 50-day moving average is $1.52 and its 200 day moving average is $1.60.
ENGlobal (NASDAQ:ENG – Get Free Report) last announced its earnings results on Thursday, May 9th. The construction company reported ($0.27) EPS for the quarter. ENGlobal had a negative net margin of 31.57% and a negative return on equity of 9,826.93%. The business had revenue of $6.53 million for the quarter.
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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