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

StockNews.com assumed coverage on shares of ENGlobal (NASDAQ:ENG) in a research note released on Thursday morning. The firm issued a sell rating on the construction company’s stock.

ENGlobal Trading Down 13.0 %

Shares of ENG stock traded down $0.18 during trading hours on Thursday, hitting $1.21. The company had a trading volume of 23,364 shares, compared to its average volume of 18,284. ENGlobal has a 12 month low of $1.01 and a 12 month high of $2.36. The firm’s fifty day moving average is $1.32 and its 200 day moving average is $1.47.

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.