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

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

ENGlobal Stock Performance

Shares of ENG opened at $1.34 on Friday. The stock has a 50-day moving average of $1.33 and a 200-day moving average of $1.44. ENGlobal has a one year low of $1.01 and a one year high of $2.30.

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.