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

Equities researchers at StockNews.com started coverage on shares of Enservco (NYSE:ENSV) in a research note issued to investors on Tuesday. The firm set a “sell” rating on the stock.

Enservco Trading Down 2.9 %

Shares of NYSE ENSV opened at $0.04 on Tuesday. The stock has a fifty day moving average of $0.07. The company has a market cap of $2.50 million, a price-to-earnings ratio of -0.17 and a beta of 0.83. The company has a quick ratio of 0.96, a current ratio of 0.99 and a debt-to-equity ratio of 0.42. Enservco has a 12 month low of $0.03 and a 12 month high of $0.38.

Institutional Trading of Enservco

A hedge fund recently bought a new stake in Enservco stock. AlTi Global Inc. purchased a new stake in shares of Enservco Corp (NYSE:ENSV) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 816,792 shares of the company’s stock, valued at approximately $188,000. AlTi Global Inc. owned approximately 2.96% of Enservco as of its most recent SEC filing. Hedge funds and other institutional investors own 25.58% of the company’s stock.

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.