ENGlobal (NASDAQ:ENG) Earns Sell Rating from Analysts at StockNews.com

Equities research analysts at StockNews.com initiated coverage on shares of ENGlobal (NASDAQ:ENG) in a research note issued to investors on Monday. The brokerage set a “sell” rating on the construction company’s stock.

ENGlobal Stock Up 5.5 %

Shares of ENG stock opened at $1.54 on Monday. The stock has a fifty day moving average price of $1.52 and a 200 day moving average price of $1.61. ENGlobal has a 1 year low of $1.01 and a 1 year high of $2.86.

About ENGlobal

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.