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

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

Enservco Price Performance

ENSV stock opened at $0.05 on Thursday. The company has a quick ratio of 0.96, a current ratio of 0.99 and a debt-to-equity ratio of 0.42. The firm has a 50 day simple moving average of $0.11. Enservco has a 12 month low of $0.03 and a 12 month high of $0.38. The firm has a market capitalization of $2.91 million, a price-to-earnings ratio of -0.20 and a beta of 1.08.

Institutional Trading of Enservco

A hedge fund recently bought a new stake in Enservco stock. AlTi Global Inc. bought a new stake in Enservco Corp (NYSE:ENSV) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 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. 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.