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

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

Enservco Trading Down 3.2 %

ENSV opened at $0.03 on Friday. The company has a quick ratio of 0.57, a current ratio of 0.59 and a debt-to-equity ratio of 0.16. The firm has a market cap of $1.75 million, a P/E ratio of -0.18 and a beta of 0.79. Enservco has a 52 week low of $0.03 and a 52 week high of $0.38. The business has a fifty day simple moving average of $0.05 and a 200-day simple moving average of $0.10.

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.