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

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

ENGlobal Trading Up 3.1 %

Shares of NASDAQ:ENG opened at $1.68 on Friday. ENGlobal has a 12-month low of $1.01 and a 12-month high of $4.56. The company has a market cap of $8.67 million, a PE ratio of -0.34 and a beta of 1.47. The stock has a 50 day moving average of $1.75 and a 200 day moving average of $1.82.

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.