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

Investment analysts at StockNews.com assumed coverage on shares of ENGlobal (NASDAQ:ENGGet Free Report) in a report issued on Wednesday. The firm set a “sell” rating on the construction company’s stock.

ENGlobal Price Performance

NASDAQ:ENG opened at $1.08 on Wednesday. ENGlobal has a fifty-two week low of $1.01 and a fifty-two week high of $2.30. The business has a 50 day moving average price of $1.24 and a 200-day moving average price of $1.36.

About ENGlobal

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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.

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