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

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

Enservco Stock Performance

Shares of NYSE:ENSV opened at $0.06 on Thursday. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.59 and a quick ratio of 0.57. The firm has a 50 day moving average of $0.06. Enservco has a 12-month low of $0.03 and a 12-month high of $0.38. The firm has a market capitalization of $3.61 million, a P/E ratio of -0.36 and a beta of 0.83.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Enservco stock. AlTi Global Inc. acquired a new position in Enservco Corp (NYSE:ENSV) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 816,792 shares of the company’s stock, valued at approximately $188,000. AlTi Global Inc. owned about 2.96% of Enservco at the end of the most recent quarter. 25.58% of the stock is currently owned by hedge funds and other 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.