Enservco (NYSEAMERICAN:ENSV) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

Enservco Co. (NYSEAMERICAN:ENSV) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.01 and traded as low as $0.0005. Enservco shares last traded at $0.0005, with a volume of 315 shares changing hands.

Enservco Price Performance

The company has a quick ratio of 0.52, a current ratio of 0.54 and a debt-to-equity ratio of 3.10. The stock has a market capitalization of $13,820.00, a P/E ratio of 0.00 and a beta of 1.18.

About Enservco

Enservco Corp. operates as an oilfield services company focused on providing water and compression solutions to upstream oil and gas producers. Headquartered in Denver, Colorado, Enservco delivers integrated water transfer, treatment, disposal, and recycling services designed to support hydraulic fracturing and production operations. The company’s water services segment includes on-site water hauling, mobile pumping and filtration systems, and permanent disposal well facilities, enabling operators to manage produced and frac flowback water in a cost-efficient and environmentally responsible manner.

In addition to its water business, Enservco offers natural gas compression services to help customers maintain wellhead pressures, optimize production rates and reduce flaring.