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

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

Enservco Price Performance

Shares of NYSE ENSV opened at $0.06 on Monday. The company has a current ratio of 0.99, a quick ratio of 0.96 and a debt-to-equity ratio of 0.42. Enservco has a 1 year low of $0.03 and a 1 year high of $0.38. The stock has a fifty day moving average price of $0.08. The stock has a market capitalization of $3.49 million, a PE ratio of -0.24 and a beta of 0.85.

Institutional Trading of Enservco

An institutional investor recently bought a new position in Enservco stock. AlTi Global Inc. purchased a new stake in Enservco Corp (NYSE:ENSV) during the second quarter, according to its most recent filing with the SEC. The fund purchased 816,792 shares of the company’s stock, valued at approximately $188,000. AlTi Global Inc. owned about 2.96% of Enservco as of its most recent filing with the SEC. 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.