Enservco Corp Major Shareholder Cross River Capital Management Sells 500,000 Shares (ENSV)
Enservco Corp (NASDAQ:ENSV) major shareholder Cross River Capital Management sold 500,000 shares of the company’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $1.75, for a total transaction of $875,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
Enservco Corp (NASDAQ:ENSV) traded down 0.56% during mid-day trading on Friday, hitting $1.76. The stock had a trading volume of 15,674 shares. Enservco Corp has a 1-year low of $0.42 and a 1-year high of $1.93. The stock’s 50-day moving average is $1.53 and its 200-day moving average is $1.33. The company has a market cap of $60.9 million and a P/E ratio of 15.95.
Enservco Corp (NASDAQ:ENSV) last released its earnings data on Thursday, November 14th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by $0.02.
Enservco Corporation primarily conducts its business operations through two subsidiaries, Dillco Fluid Service, Inc (NASDAQ:ENSV), and Heat Waves Hot Oil Services LLC (Heat Waves), which provides oil field services to the domestic onshore oil and natural gas industry.
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