StockNews.com assumed coverage on shares of ENGlobal (NASDAQ:ENG – Free Report) in a report issued on Wednesday morning. The firm issued a sell rating on the construction company’s stock.
ENGlobal Stock Down 0.6 %
Shares of ENG stock opened at $1.69 on Wednesday. The firm’s fifty day simple moving average is $1.70 and its 200 day simple moving average is $1.73. ENGlobal has a 1 year low of $1.01 and a 1 year high of $4.56.
ENGlobal (NASDAQ:ENG – Get Free Report) last posted its quarterly 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 firm 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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