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

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

ENGlobal Price Performance

ENGlobal stock opened at $1.08 on Monday. The firm has a 50 day simple moving average of $1.29 and a 200-day simple moving average of $1.41. ENGlobal has a 1-year low of $1.01 and a 1-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.