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 Monday. The brokerage set a “sell” rating on the construction company’s stock.

ENGlobal Stock Down 0.6 %

Shares of ENG stock opened at $1.65 on Monday. The company has a 50 day moving average of $1.76 and a 200-day moving average of $1.78. ENGlobal has a 12-month low of $1.01 and a 12-month high of $4.56. The firm has a market cap of $8.51 million, a P/E ratio of -0.34 and a beta of 1.41.

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.