ENGlobal (ENG, Financial) experienced a significant stock movement with a sharp 9.63% increase in its share price. The stock is currently trading at $1.48 per share, with a trading volume of 1,825 shares and a turnover rate of 0.04%, showing a price fluctuation of 6.66%. Recent financial reports revealed ENGlobal achieved a revenue of $6.14 million, a net loss of $1.21 million, with an earnings per share (EPS) of -$0.23 and a gross profit of $556,000. The price-to-earnings (P/E) ratio stands at -1.04. As of now, there are no institutional recommendations for buying, holding, or selling the stock.
In the construction and engineering sector where ENGlobal operates, the overall increase was 0.28%. Among its peers, companies like Innovate Corp. and Sterling Infrastructure, Inc. showed notable growth. Stocks such as Blink Charging Co., Willdan Group, and Myr Group, Inc. were active with various turnover rates. Other stocks in the sector, including Reitar Logtech Holdings Limited, exhibited significant price volatility.
ENGlobal Corp is dedicated to providing engineering and professional services to the energy sector, operating through its commercial and government services divisions. The commercial segment earns revenue from time and material fees on professional services, while the government division offers design, integration, and implementation services for distributed control and advanced automated data collection systems for the U.S. government globally.
