Enservco (NYSE:ENSV) Coverage Initiated at StockNews.com

Analysts at StockNews.com assumed coverage on shares of Enservco (NYSE:ENSV) in a note issued to investors on Monday. The firm set a “sell” rating on the stock.

Enservco Stock Up 5.0 %

Shares of NYSE ENSV opened at $0.04 on Monday. The stock has a market cap of $2.33 million, a PE ratio of -0.24 and a beta of 0.79. The company has a quick ratio of 0.57, a current ratio of 0.59 and a debt-to-equity ratio of 0.16. Enservco has a 52-week low of $0.02 and a 52-week high of $0.38. The business has a 50-day moving average price of $0.05 and a 200 day moving average price of $0.09.

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.