ENGlobal (NASDAQ:ENG) Research Coverage Started at StockNews.com

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

ENGlobal Stock Performance

Shares of ENG stock opened at $1.72 on Friday. The company has a market capitalization of $8.88 million, a P/E ratio of -0.35 and a beta of 1.47. The stock has a 50 day moving average price of $1.75 and a two-hundred day moving average price of $1.81. ENGlobal has a fifty-two week low of $1.01 and a fifty-two week high of $4.56.

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.