ENGlobal (NASDAQ:ENG) Coverage Initiated by Analysts at StockNews.com

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

ENGlobal Stock Up 8.2 %

NASDAQ ENG opened at $1.36 on Friday. ENGlobal has a one year low of $1.01 and a one year high of $2.30. The company has a 50-day simple moving average of $1.33 and a 200-day simple moving average of $1.45.

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.