ENGlobal Corp (ENG) Getting Somewhat Favorable Press Coverage, Study Shows
News articles about ENGlobal Corp (NYSE:ENG) have trended somewhat positive on Tuesday, according to AlphaOne Sentiment Analysis. The research group, a service of Accern, rates the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. AlphaOne ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. ENGlobal Corp earned a news impact score of 0.01 on AlphaOne’s scale. AlphaOne also gave press coverage about the construction company an impact score of 81 out of 100, indicating that recent news coverage is very likely to have an impact on the company’s share price in the near term.
Shares of ENGlobal Corp (NYSE:ENG) traded up 11.03% on Tuesday, hitting $1.61. The company had a trading volume of 79,219 shares. The firm’s market capitalization is $43.78 million. The firm has a 50 day moving average of $1.91 and a 200-day moving average of $1.92. ENGlobal Corp has a 12-month low of $0.97 and a 12-month high of $3.10.
Separately, TheStreet lowered ENGlobal Corp from a “c+” rating to a “d+” rating in a report on Tuesday, March 21st.
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ENGlobal Corp Company Profile
ENGlobal Corporation is engaged in providing engineering and professional services to the energy industry. The Company operates through two segments: Engineering, Procurement and Construction Management (EPCM), and Automation. The EPCM segment provides services relating to the development, management and execution of projects requiring professional engineering and related project services to the energy industry throughout the United States.
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