Enservco (NYSE:ENSV) Research Coverage Started at StockNews.com

StockNews.com initiated coverage on shares of Enservco (NYSE:ENSV) in a research report released on Monday morning. The brokerage issued a sell rating on the stock.

Enservco Stock Up 6.8 %

Enservco stock opened at $0.12 on Monday. Enservco has a 52-week low of $0.11 and a 52-week high of $0.50. The stock has a fifty day simple moving average of $0.17. The firm has a market capitalization of $3.35 million, a price-to-earnings ratio of -0.39 and a beta of 1.08. The company has a quick ratio of 0.96, a current ratio of 0.99 and a debt-to-equity ratio of 0.42.

Enservco (NYSE:ENSV) last released its quarterly earnings data on Wednesday, August 14th. The company reported ($0.08) earnings per share (EPS) for the quarter. Enservco had a negative return on equity of 1,040.29% and a negative net margin of 28.49%. The business had revenue of $3.76 million during the quarter.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Enservco stock. AlTi Global Inc. bought a new stake in Enservco Corp (NYSE:ENSV) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 816,792 shares of the company’s stock, valued at approximately $188,000. AlTi Global Inc. owned 2.96% of Enservco at the end of the most recent quarter. Institutional investors own 25.58% of the company’s stock.

Enservco Company Profile

Enservco Corporation, through its subsidiaries, provides well enhancement and fluid management services to the onshore oil and natural gas industry in the United States. It offers frac water heating, hot oiling, pressure testing, acidizing, bacteria and scale treatment, freshwater and saltwater hauling, fluid disposal, frac tank rental, well site construction, and other general oil field services.