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

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

Enservco Stock Up 32.5 %

Shares of NYSE:ENSV opened at $0.05 on Tuesday. The business has a 50-day moving average price of $0.04 and a 200 day moving average price of $0.08. The company has a current ratio of 0.59, a quick ratio of 0.57 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $2.85 million, a price-to-earnings ratio of -0.29 and a beta of 0.79. Enservco has a 12-month low of $0.02 and a 12-month high of $0.38.

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.