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

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

ENGlobal Stock Down 15.6 %

NASDAQ ENG opened at $1.08 on Wednesday. ENGlobal has a 1 year low of $1.01 and a 1 year high of $2.30. The company has a fifty day simple moving average of $1.22 and a 200 day simple moving average of $1.36.

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.