ENGlobal (NASDAQ:ENG) Now Covered by Analysts at StockNews.com

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

ENGlobal Stock Down 15.6 %

Shares of NASDAQ:ENG opened at $1.08 on Monday. The business’s 50-day moving average is $1.28 and its 200 day moving average is $1.39. ENGlobal has a 1 year low of $1.01 and a 1 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.