ENGlobal (NASDAQ:ENG) Research Coverage Started at StockNews.com

Equities research analysts at StockNews.com began coverage on shares of ENGlobal (NASDAQ:ENGGet Free Report) in a research report issued on Wednesday. The firm set a “sell” rating on the construction company’s stock.

ENGlobal Stock Performance

NASDAQ ENG opened at $1.62 on Wednesday. The stock’s 50 day simple moving average is $1.71 and its 200-day simple moving average is $1.74. ENGlobal has a 1-year low of $1.01 and a 1-year high of $4.56.

ENGlobal (NASDAQ:ENGGet Free Report) last released its earnings results on Thursday, May 9th. The construction company reported ($0.27) earnings per share for the quarter. The firm had revenue of $6.53 million during the quarter. ENGlobal had a negative net margin of 31.57% and a negative return on equity of 9,826.93%.

ENGlobal Company Profile

(Get Free Report)

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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