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

Research analysts at StockNews.com assumed 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 Up 8.2 %

ENG opened at $1.36 on Friday. ENGlobal has a 1 year low of $1.01 and a 1 year high of $2.30. The business’s 50-day moving average is $1.33 and its two-hundred day moving average is $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.