Englobal Corporation (ENG) Stock Records -12.90% Quarterly Movement

The stock of Englobal Corporation (ENG) has seen a -19.40% decrease in the past week, with a -22.30% drop in the past month, and a -12.90% decrease in the past quarter. The volatility ratio for the week is 10.11%, and the volatility levels for the past 30 days are at 11.41% for ENG. The simple moving average for the past 20 days is -17.79% for ENG’s stock, with a -29.07% simple moving average for the past 200 days.

Is It Worth Investing in Englobal Corporation (NASDAQ: ENG) Right Now?

Company’s 36-month beta value is 1.44.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

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The public float for ENG is 3.83M, and currently, short sellers hold a 0.03% ratio of that floaft. The average trading volume of ENG on December 06, 2024 was 20.27K shares.

ENG) stock’s latest price update

Englobal Corporation (NASDAQ: ENG) has experienced a decline in its stock price by -15.62 compared to its previous closing price of 1.28. However, the company has seen a fall of -19.40% in its stock price over the last five trading days. accesswire.com reported 2024-11-12 that HOUSTON, TX / ACCESSWIRE / November 12, 2024 / ENGlobal Corporation (NASDAQ:ENG), a provider of innovative engineering project solutions focused on the energy industry, today announced it has filed its third quarter 2024 report on Form 10-Q with the U.S. Securities and Exchange Commission for the three-months ended September 28, 2024. The report details ENGlobal’s financial and operational results.

Analysts’ Opinion of ENG

Lazard Capital Mkts, on the other hand, stated in their research note that they expect to see ENG reach a price target of $6, previously predicting the price at $7. The rating they have provided for ENG stocks is “Buy” according to the report published on March 17th, 2009.

ENG Trading at -18.45% from the 50-Day Moving Average

After a stumble in the market that brought ENG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -53.04% of loss for the given period.

Volatility was left at 11.41%, however, over the last 30 days, the volatility rate increased by 10.11%, as shares sank -20.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -18.79% lower at present.

During the last 5 trading sessions, ENG fell by -19.40%, which changed the moving average for the period of 200-days by -32.50% in comparison to the 20-day moving average, which settled at $1.3137. In addition, Englobal Corporation saw -36.25% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for ENG

Current profitability levels for the company are sitting at:

  • -0.21 for the present operating margin
  • 0.04 for the gross margin

The net margin for Englobal Corporation stands at -0.27. The total capital return value is set at 2.05. Equity return is now at value -489.70, with -37.17 for asset returns.

Based on Englobal Corporation (ENG), the company’s capital structure generated -1.08 points at debt to capital in total, while cash flow to debt ratio is standing at -0.68. The debt to equity ratio resting at -0.52. The interest coverage ratio of the stock is -22.81.

Currently, EBITDA for the company is -13.9 million with net debt to EBITDA at -0.67. When we switch over and look at the enterprise to sales, we see a ratio of 0.37. The receivables turnover for the company is 3.02for trailing twelve months and the total asset turnover is 1.89. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.61.

Conclusion

In a nutshell, Englobal Corporation (ENG) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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