Enservco (NYSE:ENSV) Now Covered by StockNews.com

StockNews.com began coverage on shares of Enservco (NYSE:ENSV) in a report released on Thursday. The firm issued a sell rating on the stock.

Enservco Stock Up 4.0 %

Shares of ENSV opened at $0.05 on Thursday. Enservco has a 52-week low of $0.03 and a 52-week high of $0.38. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.96 and a current ratio of 0.99. The firm has a market cap of $3.03 million, a price-to-earnings ratio of -0.21 and a beta of 1.08. The firm has a 50 day simple moving average of $0.11.

Hedge Funds Weigh In On Enservco

An institutional investor recently bought a new position in Enservco stock. AlTi Global Inc. bought a new stake in shares of Enservco Corp (NYSE:ENSV) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 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. 25.58% of the stock is owned by institutional investors.

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.