StockNews.com Begins Coverage on Enservco (NYSEAMERICAN:ENSV)

StockNews.com started coverage on shares of Enservco (NYSEAMERICAN:ENSVFree Report) in a research note issued to investors on Tuesday morning. The firm issued a sell rating on the oil and gas producer’s stock.

Enservco Stock Performance

Shares of ENSV opened at $0.23 on Tuesday. Enservco has a 12 month low of $0.15 and a 12 month high of $0.50. The company has a current ratio of 0.54, a quick ratio of 0.52 and a debt-to-equity ratio of 3.10. The firm has a market cap of $6.35 million, a PE ratio of -0.74 and a beta of 1.13.

Enservco (NYSEAMERICAN:ENSVGet Free Report) last posted its quarterly earnings results on Wednesday, May 15th. The oil and gas producer reported $0.03 earnings per share (EPS) for the quarter. The company had revenue of $9.79 million for the quarter. Enservco had a negative net margin of 29.53% and a negative return on equity of 1,992.06%.

Enservco Company Profile

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Enservco Corporation, through its subsidiaries, provides well enhancement and fluid management services to the onshore oil and natural gas industry. It offers hot oiling and acidizing, frac water heating, pressure testing, acidizing, and water hauling services, as well as well site construction services.

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