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

Research analysts at StockNews.com assumed coverage on shares of Enservco (NYSE:ENSV) in a research note issued on Wednesday. The brokerage set a “sell” rating on the stock.

Enservco Stock Performance

Enservco stock opened at $0.04 on Wednesday. The stock has a market cap of $2.25 million, a P/E ratio of -0.23 and a beta of 0.79. The company has a current ratio of 0.59, a quick ratio of 0.57 and a debt-to-equity ratio of 0.16. The stock has a 50 day moving average of $0.04 and a 200-day moving average of $0.08. Enservco has a 52 week low of $0.02 and a 52 week high of $0.38.

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.