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

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

Enservco Stock Performance

NYSE ENSV opened at $0.03 on Wednesday. Enservco has a one year low of $0.03 and a one year high of $0.38. The stock has a market capitalization of $1.89 million, a price-to-earnings ratio of -0.19 and a beta of 0.83. 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 50 day simple moving average of $0.06.

Institutional Trading of Enservco

An institutional investor recently bought a new position in Enservco stock. AlTi Global Inc. acquired a new position in shares of Enservco Corp (NYSE:ENSV) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 816,792 shares of the company’s stock, valued at approximately $188,000. AlTi Global Inc. owned about 2.96% of Enservco at the end of the most recent reporting period. Institutional investors and hedge funds own 25.58% of the company’s stock.

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.