Enservco (NYSE:ENSV) Earns Sell Rating from Analysts at StockNews.com

StockNews.com started coverage on shares of Enservco (NYSE:ENSV) in a research note published on Thursday. The brokerage issued a sell rating on the stock.

Enservco Stock Performance

ENSV opened at $0.05 on Thursday. Enservco has a fifty-two week low of $0.03 and a fifty-two week high of $0.38. The company has a quick ratio of 0.96, a current ratio of 0.99 and a debt-to-equity ratio of 0.42. The firm has a fifty day moving average price of $0.11. The stock has a market capitalization of $3.03 million, a PE ratio of -0.21 and a beta of 1.08.

Institutional Trading of Enservco

An institutional investor recently bought a new position in Enservco stock. AlTi Global Inc. bought a new position in shares of Enservco Corp (NYSE:ENSV) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 816,792 shares of the company’s stock, valued at approximately $188,000. AlTi Global Inc. owned approximately 2.96% of Enservco as of its most recent SEC filing. 25.58% of the stock is currently owned by institutional investors.

Enservco Company Profile

Enservco Corporation, through its subsidiaries, provides hot oiling and acidizing, and frac water heating services to the onshore oil and natural gas industry. It also water hauling and well site construction services. The company owns and operates specialized trucks, trailers, frac tanks, and other well-site related equipment.