StockNews.com began coverage on shares of ENGlobal (NASDAQ:ENG – Free Report) in a research report released on Friday morning. The firm issued a sell rating on the construction company’s stock.
ENGlobal Trading Down 1.6 %
Shares of ENGlobal stock opened at $1.27 on Friday. ENGlobal has a 52 week low of $1.01 and a 52 week high of $2.80. The company’s 50-day moving average price is $1.48 and its two-hundred day moving average price is $1.56.
ENGlobal (NASDAQ:ENG – Get Free Report) last released its earnings results on Thursday, August 8th. The construction company reported ($0.23) EPS for the quarter. ENGlobal had a negative net margin of 24.63% and a negative return on equity of 9,826.93%. The business had revenue of $6.14 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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