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

StockNews.com assumed coverage on shares of Enservco (NYSEAMERICAN:ENSVFree Report) in a report released on Tuesday morning. The firm issued a sell rating on the oil and gas producer’s stock.

Enservco Price Performance

NYSEAMERICAN ENSV opened at $0.22 on Tuesday. The stock has a market capitalization of $5.94 million, a P/E ratio of -0.69 and a beta of 1.13. 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 has a twelve month low of $0.15 and a twelve month high of $0.50.

Enservco (NYSEAMERICAN:ENSVGet Free Report) last announced its earnings results on Wednesday, May 15th. The oil and gas producer reported $0.03 earnings per share (EPS) for the quarter. The company 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

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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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