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

StockNews.com started coverage on shares of Enservco (NYSE:ENSV) in a report released on Wednesday. The firm issued a sell rating on the stock.

Enservco Stock Performance

Enservco stock opened at $0.05 on Wednesday. The stock has a market cap of $2.91 million, a P/E ratio of -0.22 and a beta of 1.08. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.99 and a quick ratio of 0.96. Enservco has a fifty-two week low of $0.03 and a fifty-two week high of $0.38. The firm has a 50-day moving average price of $0.12.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Enservco stock. AlTi Global Inc. acquired a new position in shares of Enservco Corp (NYSE:ENSV) in the second quarter, according to its most recent disclosure with the SEC. The firm acquired 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. Hedge funds and other institutional investors own 25.58% of the company’s stock.

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.