Enservco (NYSEAMERICAN:ENSV) Coverage Initiated at StockNews.com

Equities research analysts at StockNews.com initiated coverage on shares of Enservco (NYSEAMERICAN:ENSVGet Free Report) in a research note issued to investors on Wednesday. The firm set a “sell” rating on the oil and gas producer’s stock.

Enservco Trading Down 5.6 %

Shares of NYSEAMERICAN:ENSV opened at $0.21 on Wednesday. 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 capitalization of $5.78 million, a price-to-earnings ratio of -0.67 and a beta of 1.12. Enservco has a fifty-two week low of $0.15 and a fifty-two week high of $0.50.

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

About Enservco

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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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