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

StockNews.com assumed coverage on shares of ENGlobal (NASDAQ:ENG) in a research note issued to investors on Saturday morning. The brokerage issued a sell rating on the construction company’s stock.

ENGlobal Stock Performance

Shares of ENG opened at $1.74 on Friday. The stock has a fifty day moving average price of $1.72 and a two-hundred day moving average price of $1.84. ENGlobal has a 52-week low of $1.01 and a 52-week high of $4.56. The company has a market cap of $8.98 million, a price-to-earnings ratio of -0.36 and a beta of 1.47.

About ENGlobal

ENGlobal Corporation provides engineering and professional project execution services primarily to the energy sector in the United States and internationally. It operates through two ENGlobal Corporation provides engineering and professional project execution services primarily to the energy sector in the United States and internationally.