Enservco (ENSV) – Investment Analysts’ Weekly Ratings Changes

Enservco (NYSEAMERICAN: ENSV) recently received a number of ratings updates from brokerages and research firms:

• 4/14/2024 – Enservco is now covered by analysts at StockNews.com. They set a “sell” rating on the stock.
• 4/8/2024 – Enservco is now covered by analysts at StockNews.com. They set a “sell” rating on the stock.
• 4/2/2024 – Enservco is now covered by analysts at StockNews.com. They set a “sell” rating on the stock.
• 3/27/2024 – Enservco is now covered by analysts at StockNews.com. They set a “sell” rating on the stock.
• 3/21/2024 – Enservco is now covered by analysts at StockNews.com. They set a “sell” rating on the stock.
• 3/15/2024 – Enservco is now covered by analysts at StockNews.com. They set a “sell” rating on the stock.
• 3/9/2024 – Enservco is now covered by analysts at StockNews.com. They set a “sell” rating on the stock.
• 3/3/2024 – Enservco is now covered by analysts at StockNews.com. They set a “sell” rating on the stock.
• 2/26/2024 – Enservco is now covered by analysts at StockNews.com. They set a “sell” rating on the stock.
• 2/20/2024 – Enservco is now covered by analysts at StockNews.com. They set a “sell” rating on the stock.

Enservco Price Performance

Shares of NYSEAMERICAN ENSV traded up $0.02 during mid-day trading on Tuesday, hitting $0.34. 1,594,637 shares of the company’s stock traded hands, compared to its average volume of 613,533. The business has a 50-day moving average of $0.35. The company has a debt-to-equity ratio of 3.70, a current ratio of 0.57 and a quick ratio of 0.55. The company has a market capitalization of $9.14 million, a P/E ratio of -0.83 and a beta of 1.04. Enservco Co. has a 1 year low of $0.17 and a 1 year high of $0.55.

Enservco (NYSEAMERICAN:ENSV) last announced its earnings results on Friday, March 29th. The oil and gas producer reported ($0.07) earnings per share (EPS) for the quarter. Enservco had a negative net margin of 38.61% and a negative return on equity of 513.69%. The business had revenue of $6.48 million for the quarter.

Hedge Funds Weigh In On Enservco

A number of hedge funds and other institutional investors have recently modified their holdings of the business. United Asset Strategies Inc. boosted its stake in Enservco by 74.1% in the third quarter. United Asset Strategies Inc. now owns 82,625 shares of the oil and gas producer’s stock valued at $31,000 after acquiring an additional 35,170 shares in the last quarter. Renaissance Technologies LLC acquired a new stake in Enservco in the fourth quarter valued at approximately $32,000. Susquehanna International Group LLP raised its holdings in shares of Enservco by 220.6% in the first quarter. Susquehanna International Group LLP now owns 71,176 shares of the oil and gas producer’s stock worth $34,000 after buying an additional 48,976 shares during the last quarter. Jane Street Group LLC purchased a new position in shares of Enservco during the first quarter worth $46,000. Finally, Northern Trust Corp purchased a new position in shares of Enservco during the first quarter worth $51,000. 25.58% of the stock is currently owned by institutional investors.

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.