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

Investment analysts at StockNews.com initiated coverage on shares of Enservco (NYSE:ENSV) in a report released on Tuesday. The brokerage set a “sell” rating on the stock.

Enservco Stock Performance

Shares of ENSV opened at $0.02 on Tuesday. The firm’s 50 day moving average price is $0.03 and its two-hundred day moving average price is $0.06. 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 firm has a market cap of $1.16 million, a P/E ratio of -0.12 and a beta of 0.84. Enservco has a twelve month low of $0.02 and a twelve month high of $0.34.

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.