StockNews.com Initiates Coverage on Enservco (NYSE:ENSV)

Equities researchers at StockNews.com began coverage on shares of Enservco (NYSE:ENSV) in a research report issued on Friday. The brokerage set a “sell” rating on the stock.

Enservco Stock Down 12.7 %

NYSE ENSV opened at $0.04 on Friday. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.59 and a quick ratio of 0.57. The stock has a market capitalization of $2.44 million, a PE ratio of -0.25 and a beta of 0.83. Enservco has a fifty-two week low of $0.03 and a fifty-two week high of $0.38. The business has a fifty day moving average price of $0.06 and a two-hundred day moving average price of $0.11.

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.