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

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

ENGlobal Price Performance

Shares of NASDAQ ENG opened at $1.66 on Friday. The company has a 50 day simple moving average of $1.75 and a 200-day simple moving average of $1.81. The company has a market capitalization of $8.57 million, a P/E ratio of -0.34 and a beta of 1.47. ENGlobal has a 1 year low of $1.01 and a 1 year high of $4.56.

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.