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

StockNews.com began coverage on shares of Enservco (NYSE:ENSV) in a research report released on Friday. The firm issued a sell rating on the stock.

Enservco Price Performance

ENSV opened at $0.04 on Friday. The firm has a market capitalization of $2.37 million, a PE ratio of -0.24 and a beta of 0.83. The business’s 50-day moving average is $0.06 and its two-hundred day moving average is $0.11. Enservco has a 1 year low of $0.03 and a 1 year high of $0.38. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.59 and a quick ratio of 0.57.

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.