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

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

Enservco Stock Up 47.9 %

Shares of NYSE:ENSV opened at $0.04 on Wednesday. The stock has a market capitalization of $2.25 million, a P/E ratio of -0.23 and a beta of 0.79. Enservco has a 1 year low of $0.02 and a 1 year high of $0.38. The stock has a 50-day simple moving average of $0.04 and a 200-day simple moving average of $0.08. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.57 and a current ratio of 0.59.

About Enservco

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.