ENGlobal (ENG) Announces Quarterly Results
ENGlobal (NYSE:ENG) issued its quarterly earnings data on Friday. The company reported $0.05 EPS for the quarter, StockRatingsNetwork reports. The company had revenue of $27.17 million for the quarter, compared to the consensus estimate of $50.65 million.
On a related note, analysts at TheStreet upgraded shares of ENGlobal from a “sell” rating to a “hold” rating in a research note on Tuesday, June 3rd.
ENGlobal (NYSE:ENG) opened at 3.06 on Friday. ENGlobal has a one year low of $0.92 and a one year high of $4.22. The stock’s 50-day moving average is $3.13 and its 200-day moving average is $2.3. The company’s market cap is $82.9 million.
ENGlobal Corporation (NYSE:ENG), incorporated in June 1994, is a provider of engineering and professional services principally to the energy sector.
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