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

StockNews.com started coverage on shares of Enservco (NYSE:ENSV) in a note issued to investors on Saturday. The brokerage set a “sell” rating on the stock.

Enservco Stock Down 3.2 %

Shares of Enservco stock opened at $0.03 on Friday. The company has a quick ratio of 0.57, a current ratio of 0.59 and a debt-to-equity ratio of 0.16. Enservco has a twelve month low of $0.03 and a twelve month high of $0.38. The company has a market cap of $1.75 million, a price-to-earnings ratio of -0.18 and a beta of 0.79. The company’s 50 day moving average is $0.06 and its 200 day moving average is $0.10.

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.