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

Stock analysts at StockNews.com started coverage on shares of ENGlobal (NASDAQ:ENG) in a report issued on Friday. The brokerage set a “sell” rating on the construction company’s stock.

ENGlobal Trading Down 1.0 %

Shares of NASDAQ:ENG opened at $1.26 on Friday. The company’s fifty day moving average is $1.32 and its 200 day moving average is $1.46. ENGlobal has a 52 week low of $1.01 and a 52 week high of $2.30.

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.