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

Equities researchers at StockNews.com started coverage on shares of Enservco (NYSEAMERICAN:ENSV) in a report released on Tuesday. The brokerage set a “sell” rating on the oil and gas producer’s stock.

Enservco Stock Performance

NYSEAMERICAN ENSV opened at $0.20 on Tuesday. The company has a debt-to-equity ratio of 3.10, a current ratio of 0.54 and a quick ratio of 0.52. The company has a market cap of $5.65 million, a P/E ratio of -0.66 and a beta of 1.13. Enservco has a 52 week low of $0.15 and a 52 week high of $0.50.

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

Enservco Company Profile

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.