Enservco (NYSE:ENSV) Now Covered by Analysts at StockNews.com

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

Enservco Stock Performance

NYSE ENSV opened at $0.13 on Tuesday. The company has a current ratio of 0.99, a quick ratio of 0.96 and a debt-to-equity ratio of 0.42. The firm has a market capitalization of $3.57 million, a price-to-earnings ratio of -0.42 and a beta of 1.08. Enservco has a one year low of $0.11 and a one year high of $0.50. The company has a fifty day simple moving average of $0.16.

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

Institutional Inflows and Outflows

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

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.