Stock Worth Mentioning: Sentiment Report: Englobal Corp (NASDAQ:ENG)

November 16, 2016 - By Winifred Garcia   ·   0 Comments

Stock Worth Mentioning: Sentiment Report: Englobal Corp (NASDAQ:ENG)

Sentiment for Englobal Corp (NASDAQ:ENG)

Englobal Corp (NASDAQ:ENG) institutional sentiment decreased to 1 in Q2 2016. Its down -0.75, from 1.75 in 2016Q1. The ratio fall, as 6 hedge funds opened new or increased stock positions, while 6 decreased and sold their stakes in Englobal Corp. The hedge funds in our partner’s database now own: 3.36 million shares, down from 3.43 million shares in 2016Q1. Also, the number of hedge funds holding Englobal Corp in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 3 Increased: 4 New Position: 2.

ENGlobal Corporation is engaged in providing engineering and professional services to the energy industry. The company has a market cap of $38.31 million. The Firm operates through two divisions: Engineering, Procurement and Construction Management , and Automation. It has a 5.83 P/E ratio. 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.

About 13,620 shares traded hands. ENGlobal Corp (NASDAQ:ENG) has risen 15.00% since April 14, 2016 and is uptrending. It has outperformed by 10.31% the S&P500.

According to Zacks Investment Research, “ENGlobal Corporation provides engineering, automation systems, field inspection, and land management and regulatory services principally to the petroleum refining, petrochemical, pipeline, production, and process industries throughout the United States and internationally. It has very quickly become one of the fastest growing engineering firms in the United States. From its roots as a small, local engineering and design company to its current position as an international organization, ENGlobal has always focused on providing innovative, cost-effective solutions. ENGlobal is organized to meet the total needs of our clients, from a single individual for an in-plant assignment to large EPCm projects.”

Oppenheimer & Close Llc holds 1.07% of its portfolio in ENGlobal Corp for 951,627 shares. Grt Capital Partners L.L.C. owns 331,257 shares or 0.1% of their US portfolio. Moreover, Rbf Capital Llc has 0.04% invested in the company for 158,168 shares. The North Carolina-based Bank Of America Corp De has invested 0% in the stock. Bank Of New York Mellon Corp, a New York-based fund reported 39,611 shares.#img1#

ENG Company Profile

ENGlobal Corporation (ENGlobal), incorporated on June 22, 1994, is engaged in providing engineering and professional services to the energy industry. The Firm operates through two divisions: 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. The Automation segment provides services related to the design, fabrication and implementation of process-distributed control and analyzer systems, advanced automation, information technology and electrical projects to the upstream and downstream sectors throughout the United States. The Company’s services are related to design, assembly, procurement, maintenance, environmental and other governmental compliance and construction management, with respect to energy sector infrastructure facilities throughout the United States.

More news for ENGlobal Corp (NASDAQ:ENG) were recently published by: Valuewalk.com, which released: “ENGlobal Corp (ENG) – Stock To Watch If Oil Prices Stabilize” on April 05, 2016. Streetinsider.com‘s article titled: “Form 8-K ENGLOBAL CORP For: Nov 03” and published on November 03, 2016 is yet another important article.

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By Winifred Garcia


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