Enservco (NYSE:ENSV) Receives New Coverage from Analysts at StockNews.com

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

Enservco Price Performance

NYSE ENSV opened at $0.12 on Friday. Enservco has a 1 year low of $0.11 and a 1 year high of $0.50. The stock has a market capitalization of $5.52 million, a P/E ratio of -0.39 and a beta of 1.18. The company has a current ratio of 0.99, a quick ratio of 0.96 and a debt-to-equity ratio of 0.42.

Institutional Investors Weigh In On 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) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 816,792 shares of the company’s stock, valued at approximately $188,000. AlTi Global Inc. owned approximately 2.96% of Enservco at the end of the most recent reporting period. 25.58% of the stock is currently owned by institutional investors.

About Enservco

Enservco Corporation, through its subsidiaries, provides well enhancement and fluid management services to the onshore oil and natural gas industry in the United States. It offers frac water heating, hot oiling, pressure testing, acidizing, bacteria and scale treatment, freshwater and saltwater hauling, fluid disposal, frac tank rental, well site construction, and other general oil field services.