ENGlobal Corporation (ENG, Financial), operating within the construction and engineering sector, recently experienced a notable stock price increase of 5.97%, reaching $1.42 per share. The trading volume hit 12,009 shares with a turnover rate of 0.23% and a price fluctuation of 4.02%.
In its latest financial report, ENGlobal reported revenue of $5.68 million, a net loss of $500,000, and an earnings per share (EPS) of -$0.10. The gross profit stood at $427,000, with a negative price-to-earnings (P/E) ratio of -1.05. Currently, there are no institutional ratings recommending buying, holding, or selling the stock.
Within the broader construction and engineering industry, the sector experienced an overall decline of 1.09%. Noteworthy performers alongside ENGlobal include Founder Group Limited and Ameresco, which saw significant gains. Other active stocks in the sector were Jinyu Engineering, Skk Holdings Limited, and Blink Charging Co., with turnover rates of 36.04%, 6.58%, and 2.06%, respectively. Stocks with substantial price swings included Founder Group Limited, Skk Holdings Limited, and Manulife Construction, with amplitudes of 20.63%, 18.12%, and 15.27%.
ENGlobal Corp specializes in providing engineering and professional services to the energy sector. The company operates through two segments: Commercial and Government Services. The Commercial segment earns revenue from time and material charges for professional and technical services. The Government segment offers design, integration, and implementation services related to distributed control and analytical systems, advanced automation data gathering systems, IT, and system maintenance for the U.S. government worldwide.
