Enservco (NYSEAMERICAN:ENSV) Shares Up 9.8%

Enservco Corp (NYSEAMERICAN:ENSV)’s stock price shot up 9.8% on Tuesday . The stock traded as high as $0.18 and last traded at $0.17, 1,700,913 shares were traded during trading. An increase of 11% from the average session volume of 1,528,002 shares. The stock had previously closed at $0.16.

Enservco (NYSEAMERICAN:ENSV) last posted its quarterly earnings results on Wednesday, November 13th. The oil and gas producer reported ($0.10) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.06) by ($0.04). The business had revenue of $4.70 million during the quarter.

An institutional investor recently raised its position in Enservco stock. Vanguard Group Inc. grew its stake in shares of Enservco Corp (NYSEAMERICAN:ENSV) by 30.2% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,396,840 shares of the oil and gas producer’s stock after purchasing an additional 323,625 shares during the quarter. Vanguard Group Inc. owned about 2.57% of Enservco worth $525,000 at the end of the most recent quarter.

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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