StockNews.com started coverage on shares of ENGlobal (NASDAQ:ENG – Free Report) in a research note issued to investors on Tuesday. The firm issued a sell rating on the construction company’s stock.
ENGlobal Stock Up 5.4 %
Shares of ENG stock opened at $1.37 on Tuesday. ENGlobal has a 52-week low of $1.01 and a 52-week high of $2.48. The firm’s 50-day moving average is $1.33 and its 200-day moving average is $1.49.
ENGlobal (NASDAQ:ENG – Get Free Report) last posted its quarterly earnings results on Thursday, August 8th. The construction company reported ($0.23) earnings per share 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 during 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.
Further Reading
- Five stocks we like better than ENGlobal
- Stock Market Sectors: What Are They and How Many Are There?
- Energy Vault Soars 100%: CEO Shares Why in MarketBeat Exclusive
- How to Calculate Stock Profit
- Meta’s Q3 Earnings Beat—Is This Dip a Golden Entry Opportunity?
- CD Calculator: Certificate of Deposit Calculator
- Top Nuclear Stocks Thriving on Soaring Energy Demand
Receive News & Ratings for ENGlobal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ENGlobal and related companies with MarketBeat.com's FREE daily email newsletter.
