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

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

ENGlobal Price Performance

Shares of NASDAQ:ENG opened at $1.08 on Tuesday. The company’s 50-day moving average price is $1.27 and its two-hundred day moving average price is $1.38. ENGlobal has a one year low of $1.01 and a one year 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.