Enservco (NYSE:ENSV) Coverage Initiated by Analysts at StockNews.com

StockNews.com began coverage on shares of Enservco (NYSE:ENSVFree Report) in a report published on Friday morning. The brokerage issued a sell rating on the stock.

Enservco Stock Performance

ENSV opened at $0.06 on Friday. The company’s 50 day moving average price is $0.10. The company has a current ratio of 0.99, a quick ratio of 0.96 and a debt-to-equity ratio of 0.42. The company has a market capitalization of $3.37 million, a PE ratio of -0.23 and a beta of 0.85. Enservco has a 1 year low of $0.03 and a 1 year high of $0.38.

Hedge Funds Weigh In On Enservco

A hedge fund recently bought a new stake in Enservco stock. AlTi Global Inc. purchased a new position in shares of Enservco Corp (NYSE:ENSVFree Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 816,792 shares of the company’s stock, valued at approximately $188,000. AlTi Global Inc. owned 2.96% of Enservco as of its most recent SEC filing. 25.58% of the stock is currently owned by institutional investors and hedge funds.

Enservco Company Profile

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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.

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