StockNews.com Initiates Coverage on Enservco (NYSE:ENSV)

Analysts at StockNews.com started coverage on shares of Enservco (NYSE:ENSV) in a report released on Sunday. The firm set a “sell” rating on the stock.

Enservco Trading Up 13.7 %

Shares of Enservco stock opened at $0.03 on Friday. The firm has a market capitalization of $1.93 million, a PE ratio of -0.19 and a beta of 0.79. 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 firm’s 50 day moving average is $0.05 and its 200 day moving average is $0.10. Enservco has a 1 year low of $0.02 and a 1 year 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.