A Mixed Bag Of Potential Investment? Medbox Inc.(MDBX), Envivio Inc.(ENVI) and ENGlobal Corp.(ENG)
New York, NY – GDP INSIDER – 02/17/2015.
This article discusses three companies: Medbox Inc(OTCMKTS:MDBX), Envivio Inc(NASDAQ:ENVI) and ENGlobal Corp.(NASDAQ:ENG).
Medbox Inc(OTCMKTS:MDBX) is in a difficult situation at the moment with pending lawsuits and lack of faith in the CEO. The fundamentals are also poor with EPS of -0.21 and quarterly revenue growth declining 50% in Q2 and 35% in Q3. The company does have significant cash reserves and a quick ratio of 2.45 giving the company time to get free of its current woes. The stock closed on Friday at $1.44 well below the 50 day moving average of $4.76 and may yet recover making the stock a smart sell or a risky hold.
Envivio Inc(NASDAQ:ENVI) has been trading within a narrow range for the past two months. The 50-day moving average is $1.45 exactly the same as the price Envivio closed at on Friday. The stock has been underperforming with a trailing twelve month EPS of -0.59 but with a predicted 1 year EPS of -0.42, the outlook is in the right direction. The stock has a beta of -6.12, indicating its inverse relation with the market. The company has significant cash reserves and a current ratio of 2.70 but with sales dropping 21.76% and net income falling 32.9% last quarter, better to sell at this time.
ENGlobal Corp(NASDAQ:ENG) closed down 9.11% on Friday at $1.85 just above its 50 day moving average of $1.82 but below the 200 day moving average of $2.12. The company finished Q3 with a 13% increase in net income on stagnant sales growth. With positive EPS of 0.07 and a current ratio of 1.80 ENGlobal Corp has the potential to break through its $2 resistance level. The 1 year target is $3.50 which could be achieved if sales pick up and the stock breaks through the resistance level making this a good company to hold for the medium term.
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