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

Analysts at StockNews.com started coverage on shares of Enservco (NYSEAMERICAN:ENSVGet Free Report) in a research report issued to clients and investors on Thursday. The firm set a “sell” rating on the oil and gas producer’s stock.

Enservco Trading Up 2.9 %

ENSV stock opened at $0.21 on Thursday. The business has a 50-day moving average of $0.35. The company has a market capitalization of $5.57 million, a PE ratio of -0.44 and a beta of 1.06. Enservco has a 12 month low of $0.17 and a 12 month high of $1.17. The company has a debt-to-equity ratio of 3.70, a current ratio of 0.66 and a quick ratio of 0.63.

Enservco (NYSEAMERICAN:ENSVGet Free Report) last announced its quarterly earnings data on Tuesday, November 14th. The oil and gas producer reported ($0.13) EPS for the quarter. The company had revenue of $2.94 million for the quarter. Enservco had a negative return on equity of 369.83% and a negative net margin of 37.49%.

Hedge Funds Weigh In On Enservco

Several large investors have recently bought and sold shares of the stock. Vanguard Group Inc. raised its stake in shares of Enservco by 118.7% during the 1st quarter. Vanguard Group Inc. now owns 181,709 shares of the oil and gas producer’s stock worth $491,000 after purchasing an additional 98,620 shares during the period. CVI Holdings LLC bought a new stake in shares of Enservco during the 1st quarter worth $334,000. Dimensional Fund Advisors LP bought a new stake in shares of Enservco during the 1st quarter worth $257,000. Virtu Financial LLC increased its holdings in Enservco by 87.8% in the 1st quarter. Virtu Financial LLC now owns 88,437 shares of the oil and gas producer’s stock worth $239,000 after acquiring an additional 41,346 shares during the last quarter. Finally, Renaissance Technologies LLC increased its holdings in Enservco by 852.8% in the 1st quarter. Renaissance Technologies LLC now owns 184,852 shares of the oil and gas producer’s stock worth $88,000 after acquiring an additional 165,452 shares during the last quarter. 5.70% of the stock is currently owned by institutional investors.

Enservco Company Profile

(Get Free Report)

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.

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