Enservco (NYSE:ENSV) Now Covered by Analysts at StockNews.com
by Amy Steele · The Cerbat GemStockNews.com assumed coverage on shares of Enservco (NYSE:ENSV – Free Report) in a research report released on Thursday. The firm issued a sell rating on the stock.
Enservco Trading Down 7.6 %
ENSV opened at $0.15 on Thursday. The company has a market cap of $4.01 million, a P/E ratio of -0.47 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 has a 12-month low of $0.10 and a 12-month high of $0.50. The stock’s fifty day moving average price is $0.14.
Enservco (NYSE:ENSV – Get Free Report) last issued its earnings results 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 for the quarter.
Institutional Trading of Enservco
An institutional investor recently bought a new position in Enservco stock. AlTi Global Inc. purchased a new position in Enservco Corp (NYSE:ENSV – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 816,792 shares of the company’s stock, valued at approximately $188,000. AlTi Global Inc. owned approximately 2.96% of Enservco at the end of the most recent quarter. 25.58% of the stock is owned by institutional investors and hedge funds.
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.