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

StockNews.com started coverage on shares of ENGlobal (NASDAQ:ENG) in a research report issued to clients and investors on Saturday. The firm set a “sell” rating on the construction company’s stock.

ENGlobal Trading Up 0.0 %

ENG opened at $1.34 on Friday. The firm has a 50-day moving average price of $1.33 and a 200-day moving average price of $1.44. ENGlobal has a twelve month low of $1.01 and a twelve month high of $2.30.

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.