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

StockNews.com assumed coverage on shares of Enservco (NYSE:ENSV) in a research note published on Sunday morning. The firm issued a sell rating on the stock.

Enservco Stock Performance

Shares of Enservco stock opened at $0.05 on Friday. The stock has a market cap of $3.05 million, a PE ratio of -0.21 and a beta of 0.86. The company has a current ratio of 0.99, a quick ratio of 0.96 and a debt-to-equity ratio of 0.42. The business has a 50 day moving average of $0.09. Enservco has a one year low of $0.03 and a one year high of $0.38.

Institutional Trading of Enservco

A hedge fund recently bought a new stake in Enservco stock. AlTi Global Inc. acquired a new stake in Enservco Corp (NYSE:ENSV) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 816,792 shares of the company’s stock, valued at approximately $188,000. AlTi Global Inc. owned about 2.96% of Enservco as of its most recent SEC filing. 25.58% of the stock is owned by hedge funds and other 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.