Ransomware attack forces US government contractor ENGlobal to shut down some operations
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 |
An attack that happened in late November is still being addressed
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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.
Current Liabilities
Current Liabilities Comparative Analysis
ENGlobal is currently under evaluation in current liabilities category among its peers. Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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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