Enservco (NYSEAMERICAN:ENSV) Stock Passes Below 200-Day Moving Average of $0.00

Enservco Corp (NYSEAMERICAN:ENSV)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.00 and traded as low as $0.26. Enservco shares last traded at $0.27, with a volume of 65,003 shares traded.

Enservco (NYSEAMERICAN:ENSV) last released its earnings results on Wednesday, August 14th. The oil and gas producer reported ($0.08) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.04) by ($0.04). The firm had revenue of $7.21 million for the quarter.

A hedge fund recently raised its stake in Enservco stock. AWM Investment Company Inc. raised its position in Enservco Corp (NYSEAMERICAN:ENSV) by 2.5% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 4,275,290 shares of the oil and gas producer’s stock after acquiring an additional 106,040 shares during the period. AWM Investment Company Inc. owned approximately 7.87% of Enservco worth $1,608,000 at the end of the most recent reporting period.



About Enservco (NYSEAMERICAN:ENSV)

Enservco Corporation, through its subsidiaries, provides oil field services to the onshore oil and natural gas industry in the United States. The company operates through Well Enhancement Services, Water Transfer Services, Water Hauling Services, and Construction Services segments. It offers frac water heating, hot oiling, pressure testing, acidizing, water transfer, bacteria and scale treatment, freshwater and saltwater hauling, fluid disposal, frac tank rental, well site construction, and other general oil field services.

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