StockNews.com Begins Coverage on Enservco (NYSE:ENSV)

StockNews.com started coverage on shares of Enservco (NYSE:ENSV) in a research note issued to investors on Friday. The firm issued a sell rating on the stock.

Enservco Price Performance

Shares of NYSE:ENSV opened at $0.04 on Friday. Enservco has a one year low of $0.03 and a one 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. The firm has a market capitalization of $2.37 million, a price-to-earnings ratio of -0.24 and a beta of 0.83. The company’s fifty day moving average price is $0.06 and its 200-day moving average price is $0.11.

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.