StockNews.com initiated coverage on shares of Enservco (NYSEAMERICAN:ENSV – Free Report) in a research report sent to investors on Thursday. The firm issued a sell rating on the oil and gas producer’s stock.
Enservco Stock Down 1.1 %
Shares of NYSEAMERICAN:ENSV opened at $0.21 on Thursday. The firm has a market capitalization of $5.91 million, a PE ratio of -0.69 and a beta of 1.13. Enservco has a 52 week low of $0.15 and a 52 week high of $0.50. The company has a quick ratio of 0.52, a current ratio of 0.54 and a debt-to-equity ratio of 3.10.
Enservco (NYSEAMERICAN:ENSV – Get Free Report) last released its earnings results on Wednesday, May 15th. The oil and gas producer reported $0.03 earnings per share (EPS) for the quarter. The business had revenue of $9.79 million for the quarter. Enservco had a negative net margin of 29.53% and a negative return on equity of 1,992.06%.
About Enservco
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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