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

Research analysts at StockNews.com started coverage on shares of Enservco (NYSE:ENSV) in a research report issued on Thursday. The firm set a “sell” rating on the stock.

Enservco Price Performance

ENSV opened at $0.05 on Thursday. The firm has a market cap of $2.91 million, a price-to-earnings ratio of -0.20 and a beta of 1.08. The firm has a 50 day simple moving average of $0.11. 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 12-month low of $0.03 and a 12-month high of $0.38.

Institutional Trading of Enservco

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) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 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.