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

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

ENGlobal Trading Down 8.6 %

Shares of ENG opened at $1.27 on Thursday. The stock has a 50 day moving average price of $1.32 and a 200 day moving average price of $1.47. ENGlobal has a one year low of $1.01 and a one year high of $2.36.

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.