Enservco (NYSEAMERICAN:ENSV) Now Covered by Analysts at StockNews.com

Equities researchers at StockNews.com initiated coverage on shares of Enservco (NYSEAMERICAN:ENSVGet Free Report) in a research note issued on Sunday. The firm set a “sell” rating on the oil and gas producer’s stock.

Enservco Trading Up 2.1 %

ENSV opened at $0.32 on Friday. The firm has a market capitalization of $8.51 million, a PE ratio of -0.77 and a beta of 1.04. Enservco has a 1 year low of $0.17 and a 1 year high of $0.55. The company has a current ratio of 0.57, a quick ratio of 0.55 and a debt-to-equity ratio of 3.70. The company’s fifty day moving average price is $0.35.

Enservco (NYSEAMERICAN:ENSVGet Free Report) last released its quarterly earnings data on Friday, March 29th. The oil and gas producer reported ($0.07) earnings per share (EPS) for the quarter. The firm had revenue of $6.48 million for the quarter. Enservco had a negative net margin of 38.61% and a negative return on equity of 513.69%.

Institutional Trading of Enservco

Institutional investors and hedge funds have recently made changes to their positions in the stock. Jane Street Group LLC bought a new position in Enservco during the first quarter valued at about $46,000. Northern Trust Corp bought a new position in Enservco during the first quarter valued at about $51,000. Renaissance Technologies LLC bought a new position in Enservco during the fourth quarter valued at about $32,000. State Street Corp bought a new position in Enservco during the first quarter valued at about $76,000. Finally, Susquehanna International Group LLP increased its stake in Enservco by 220.6% during the first quarter. Susquehanna International Group LLP now owns 71,176 shares of the oil and gas producer’s stock valued at $34,000 after acquiring an additional 48,976 shares during the period. Institutional investors and hedge funds own 25.58% of the company’s stock.

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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