ENGlobal (NASDAQ:ENG) Earns Sell Rating from Analysts at StockNews.com

StockNews.com initiated coverage on shares of ENGlobal (NASDAQ:ENG) in a research note released on Friday. The brokerage issued a sell rating on the construction company’s stock.

ENGlobal Trading Up 8.2 %

Shares of ENGlobal stock opened at $1.36 on Friday. The business’s fifty day moving average price is $1.33 and its 200 day moving average price is $1.45. 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.