Enservco (NYSE:ENSV) Research Coverage Started at StockNews.com

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

Enservco Stock Performance

ENSV stock opened at $0.06 on Thursday. The firm has a fifty day simple moving average of $0.06. Enservco has a fifty-two week low of $0.03 and a fifty-two week high of $0.38. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.57 and a current ratio of 0.59. The stock has a market capitalization of $3.61 million, a price-to-earnings ratio of -0.36 and a beta of 0.83.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Enservco stock. AlTi Global Inc. purchased a new position in Enservco Corp (NYSE:ENSV) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and 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 at the end of the most recent quarter. 25.58% of the stock is currently owned by institutional investors and hedge funds.

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.