Research coverage of ENGlobal (NASDAQ:ENG) began at StockNews.com

Stock analysts at StockNews.com have initiated coverage on the stock ENGlobal (NASDAQ:ENG – Get a Free Report) in a research note issued to investors on Friday. The firm set a “sell” rating on the construction company’s stock.

RO Overall stock performance

Shares of ENG stock opened at $1.23 on Friday. ENGlobal has a 12 month low of $1.01 and a 12 month high of $2.80. The company has a 50 day moving average of $1.49 and a two hundred day moving average of $1.57.

ENGlobal (NASDAQ:ENG – Get Free Report ) last posted its earnings results on Thursday, August 8th. The construction company reported ($0.23) earnings per share (EPS) for the quarter. The company had revenue of $6.14 million during the quarter. ENGlobal had a negative net margin of 24.63% and a negative return on equity of 9,826.93%.

Global company profile

(Get a free report)

ENGlobal Corporation provides professional engineering and 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 multidisciplinary engineering and manufacturing services related to the development, management and execution of projects requiring professional engineering and related project management services.

Further reading

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