ENGlobal's shrinking revenue and low P/S ratio may indicate that future revenue won't provide any pleasant surprises. If recent trends persist, the share price is unlikely to see significant movement.
With ENGlobal's revenues falling and the rest of the industry forecasted to grow by 13% next year, the low P/S is justified. However, the future looks grim, and the company's inability to boost its top-line growth may cause the P/S to plunge even further.
$ENGlobal (ENG.US)$ looking to 4x company has no history if RS and ceo owns a very large portion of shares. Old Ceo quit/fired original ceo is back and i do believe this will be a $1.50 - $2.00 stock minimum
LazerReign
:
ENG is the one with the low float and can see this up +200% in one day off news. Trading at buy levels and sellers are having trouble keeping the price down. Ww. Was over .50 in Pre-market.
U.S. Crypto Concept Stocks U.S. Crypto Concept Stocks
Companies involved in the creation, trade, and services of digital forms of money.Displayed third-party logos, brands, or trademark images on screens or web pages are only for identification purposes and remain the property of their respective owners.Displayed third-party logos, brands, or trademark images on screens or web pages are only for identification purposes and remain the property of their respective owners. Information is provided by Futu and is a non-exhaustive list of all thematic stocks for reference purposes only.
This section presents the top 5 stocks in U.S. Crypto Concept Stocks, ranked from highest to lowest based on real-time market data. Companies involved in the creation, trade, and services of digital forms of money.Displayed third-party logos, brands, or trademark images on screens or web pages are only for identification purposes and remain the property of their respective owners.Displayed third-party logos, brands, or trademark images on screens or web pages are only for identification purposes and remain the property of their respective owners. Information is provided by Futu and is a non-exhaustive list of all thematic stocks for reference purposes only.
This section presents the top 5 stocks in U.S. Crypto Concept Stocks, ranked from highest to lowest based on real-time market data.
ENGlobal Stock Forum
📊⚡️📊
looking to 4x
company has no history if RS and ceo owns a very large portion of shares. Old Ceo quit/fired
original ceo is back and i do believe this will be a $1.50 - $2.00 stock minimum
$Benitec Biopharma (BNTC.US)$
No comment yet