Enservco (NYSE:ENSV) Research Coverage Started at StockNews.com

StockNews.com initiated coverage on shares of Enservco (NYSE:ENSV) in a report published on Sunday morning. The brokerage issued a sell rating on the stock.

Enservco Stock Performance

Enservco stock opened at $0.03 on Friday. The firm’s fifty day moving average price is $0.05 and its 200-day moving average price is $0.09. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.57 and a current ratio of 0.59. The stock has a market cap of $2.01 million, a P/E ratio of -0.20 and a beta of 0.79. Enservco has a fifty-two week low of $0.02 and a fifty-two week high of $0.38.

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.