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

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

ENGlobal Trading Down 15.6 %

ENG stock opened at $1.08 on Wednesday. The firm has a 50 day moving average of $1.23 and a 200-day moving average of $1.36. ENGlobal has a 12-month low of $1.01 and a 12-month 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.