ENGlobal (ENG) Set to Announce Quarterly Earnings on Wednesday
Shares of ENGlobal (NASDAQ:ENG) opened at $0.79 on Monday. ENGlobal has a 52 week low of $0.73 and a 52 week high of $2.42. The firm has a market cap of $21.74, a P/E ratio of -1.55 and a beta of 1.11.
In other news, CEO William A. Coskey purchased 91,662 shares of the stock in a transaction on Friday, December 8th. The stock was bought at an average price of $0.78 per share, for a total transaction of $71,496.36. Following the acquisition, the chief executive officer now directly owns 100 shares of the company’s stock, valued at approximately $78. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have acquired a total of 126,662 shares of company stock valued at $99,096 in the last quarter. 37.27% of the stock is currently owned by company insiders.
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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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