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

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

ENGlobal Stock Performance

ENG opened at $1.52 on Friday. ENGlobal has a twelve month low of $1.01 and a twelve month high of $2.86. The company has a 50-day moving average price of $1.52 and a 200 day moving average price of $1.61.

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.