StockNews.com Begins Coverage on ENGlobal (NASDAQ:ENG)

StockNews.com began coverage on shares of ENGlobal (NASDAQ:ENG) in a research report sent to investors on Sunday morning. The firm issued a sell rating on the construction company’s stock.

ENGlobal Stock Performance

NASDAQ ENG opened at $1.52 on Friday. ENGlobal has a 12 month low of $1.01 and a 12 month high of $2.86. The company’s 50-day moving average price is $1.52 and its 200-day moving average price is $1.61.

ENGlobal Company Profile

ENGlobal Corporation provides engineering and professional project execution services primarily to the energy sector in the United States and internationally. It operates in two segments, Commercial and Government Services. The Commercial segment provides multi-disciplined engineering services and fabrication relating to the development, management, and execution of projects requiring professional engineering and related project management services.