StockNews.com Begins Coverage on Enservco (NYSEAMERICAN:ENSV)

StockNews.com started coverage on shares of Enservco (NYSEAMERICAN:ENSV) in a research note issued to investors on Tuesday morning. The firm issued a sell rating on the oil and gas producer’s stock.

Enservco Trading Up 6.9 %

NYSEAMERICAN ENSV opened at $0.23 on Tuesday. The company has a quick ratio of 0.52, a current ratio of 0.54 and a debt-to-equity ratio of 3.10. The company has a market capitalization of $6.35 million, a price-to-earnings ratio of -0.74 and a beta of 1.13. Enservco has a 12-month low of $0.15 and a 12-month high of $0.50.

Enservco (NYSEAMERICAN:ENSV) last released its quarterly earnings results on Wednesday, May 15th. The oil and gas producer reported $0.03 EPS for the quarter. Enservco had a negative net margin of 29.53% and a negative return on equity of 1,992.06%. The company had revenue of $9.79 million for the quarter.

About Enservco

Enservco Corporation, through its subsidiaries, provides well enhancement and fluid management services to the onshore oil and natural gas industry. It offers hot oiling and acidizing, frac water heating, pressure testing, acidizing, and water hauling services, as well as well site construction services.