StockNews.com Begins Coverage on ENGlobal (NASDAQ:ENG)

StockNews.com assumed coverage on shares of ENGlobal (NASDAQ:ENG) in a report issued on Monday. The brokerage issued a sell rating on the construction company’s stock.

ENGlobal Trading Down 0.6 %

NASDAQ:ENG opened at $1.64 on Monday. The firm has a market capitalization of $8.46 million, a price-to-earnings ratio of -0.34 and a beta of 1.41. The business’s 50-day moving average price is $1.74 and its two-hundred day moving average price is $1.78. ENGlobal has a 1-year low of $1.01 and a 1-year 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.