ENGlobal GAAP EPS of -0.10, revenue of 5.68M
Roughly 67% of ENGlobal's investor base is looking to short. The analysis of current outlook of investing in ENGlobal suggests that many traders are alarmed regarding ENGlobal's prospects. The current market sentiment, together with ENGlobal's historical and current headlines, can help investors time the market. In addition, many technical investors use ENGlobal stock news signals to limit their universe of possible portfolio assets.
ENGlobal |
ENGlobal reports third quarter 2024 financial results, with a GAAP EPS of -0.10 and revenue of 5.68 million, down .9 percent year-over-year.
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ENGlobal Fundamental Analysis
We analyze ENGlobal's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ENGlobal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ENGlobal based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Total Asset
Total Asset Comparative Analysis
ENGlobal is currently under evaluation in total asset category among its peers. Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
ENGlobal Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ENGlobal stock to make a market-neutral strategy. Peer analysis of ENGlobal could also be used in its relative valuation, which is a method of valuing ENGlobal by comparing valuation metrics with similar companies.
Peers
ENGlobal Related Equities
| POLA | Polar Power | 37.31 | ||||
| OPTT | Ocean Power | 8.43 | ||||
| FTEK | Fuel Tech | 5.15 | ||||
| AMTX | Aemetis | 1.20 | ||||
| PPSI | Pioneer Power | 3.34 |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Other Consideration for investing in ENGlobal Stock
If you are still planning to invest in ENGlobal check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ENGlobal's history and understand the potential risks before investing.
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