At the end of the latest market close, ENGlobal Corporation (ENG) was valued at $2.45. In that particular session, Stock kicked-off at the price of $2.515 while reaching the peak value of $2.79 and lowest value recorded on the day was $2.39. The stock current value is $2.61.
Recently in News on June 17, 2021, ENGLOBAL Selected to Join Russell Microcap(R) Index. ENGlobal Corporation (NASDAQ:ENG), a leading provider of innovative, engineered modular solutions, today reported that it has been selected to join the Russell Microcap® Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the U.S. markets close on Friday, June 25, 2021, according to a preliminary list of additions posted by Russell on June 4, 2021. You can read further details here
ENGlobal Corporation had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $9.40 on 01/26/21, with the lowest value was $2.01 for the same time period, recorded on 05/13/21.
ENGlobal Corporation (ENG) full year performance was 128.97%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, ENGlobal Corporation shares are logging -72.23% during the 52-week period from high price, and 280.47% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.69 and $9.40.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 3285596 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the ENGlobal Corporation (ENG) recorded performance in the market was -18.44%, having the revenues showcasing -21.86% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 96.52M, as it employees total of 241 workers.
Analysts verdict on ENGlobal Corporation (ENG)
During the last month, 0 analysts gave the ENGlobal Corporation a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 3.50, with a change in the price was noted -2.74. In a similar fashion, ENGlobal Corporation posted a movement of -51.21% for the period of last 100 days, recording 2,073,160 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for ENG is recording 0.50 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.16.
ENGlobal Corporation (ENG): Technical Analysis
Raw Stochastic average of ENGlobal Corporation in the period of last 50 days is set at 32.09%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 20.62%. In the last 20 days, the company’s Stochastic %K was 10.88% and its Stochastic %D was recorded 7.29%.
Let’s take a glance in the erstwhile performances of ENGlobal Corporation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -18.44%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -66.45%, alongside a boost of 128.97% for the period of the last 12 months. The shares increased approximately by -3.69% in the 7-day charts and went down by -1.14% in the period of the last 30 days. Common stock shares were lifted by -21.86% during last recorded quarter.