News headlines about ENGlobal (NASDAQ:ENG) have been trending somewhat positive this week, according to Accern. The research group identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. ENGlobal earned a coverage optimism score of 0.06 on Accern’s scale. Accern also gave media coverage about the construction company an impact score of 44.7359059793069 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Shares of ENGlobal (NASDAQ:ENG) traded down $0.01 during trading hours on Thursday, reaching $0.79. 6,922 shares of the company’s stock traded hands, compared to its average volume of 35,733. ENGlobal has a 1 year low of $0.73 and a 1 year high of $2.92. The company has a market capitalization of $21.60, a P/E ratio of -1.48 and a beta of 1.03.
In related news, CEO William A. Coskey purchased 91,662 shares of ENGlobal stock in a transaction dated 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 completion of the acquisition, the chief executive officer now directly owns 100 shares of the company’s stock, valued at $78. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders bought 191,662 shares of company stock valued at $151,246 in the last quarter. Corporate insiders own 37.27% of the company’s stock.
ENGlobal 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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