StockNews.com began coverage on shares of ENGlobal (NASDAQ:ENG – Get Free Report) in a report issued on Wednesday. The firm set a “sell” rating on the construction company’s stock.
ENGlobal Trading Up 4.9 %
ENGlobal stock opened at $1.70 on Wednesday. ENGlobal has a 1 year low of $1.01 and a 1 year high of $4.56. The firm’s 50 day moving average price is $1.70 and its 200-day moving average price is $1.73.
ENGlobal (NASDAQ:ENG – Get Free Report) last posted its earnings results on Thursday, May 9th. The construction company reported ($0.27) earnings per share 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 during the quarter.
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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