ENGlobal (NASDAQ:ENG) Now Covered by Analysts at StockNews.com

StockNews.com initiated coverage on shares of ENGlobal (NASDAQ:ENG) in a research note released on Thursday. The firm issued a sell rating on the construction company’s stock.

ENGlobal Stock Down 8.6 %

NASDAQ ENG opened at $1.27 on Thursday. ENGlobal has a twelve month low of $1.01 and a twelve month high of $2.36. The stock has a 50-day moving average of $1.32 and a 200 day moving average of $1.47.

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.