In yesterday’s Wall Street session, Enservco Corporation (AMEX:ENSV) shares traded at $0.36, up 12.69% from the previous session.
As of this writing, 1 analysts cover Enservco Corporation (AMEX:ENSV). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $1.00 and a low of $1.00, we find $1.00. Given the previous closing price of $0.32, this indicates a potential upside of 212.5 percent. ENSV stock price is now 3.24% away from the 50-day moving average and -57.84% away from the 200-day moving average. The market capitalization of the company currently stands at $7.40M.
There are 0 analysts who have given it a hold rating, whereas 1 have given it a buy rating. Brokers who have rated the stock have averaged $1.00 as their price target over the next twelve months.
With the price target reduced from $2 to $1.25, Northland Capital maintained Outperform rating for Enservco Corporation (AMEX: ENSV).
A total of 3.05% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in ENSV stock. A new stake in Enservco Corporation shares was purchased by HRT FINANCIAL LP during the first quarter worth $5,000. JANE STREET GROUP, LLC invested $5,000 in shares of ENSV during the first quarter. In the first quarter, BAADER BANK AKTIENGESELLSCHAFT acquired a new stake in Enservco Corporation valued at approximately $4,000. TWO SIGMA SECURITIES, LLC acquired a new stake in ENSV for approximately $4,000. In total, there are 24 active investors with 24.10% ownership of the company’s stock.
Friday morning saw Enservco Corporation (AMEX: ENSV) opened at $0.3428. During the past 12 months, Enservco Corporation has had a low of $0.28 and a high of $3.22. As of last week, the company has a debt-to-equity ratio of 2.06, a current ratio of 0.60, and a quick ratio of 0.60. The fifty day moving average price for ENSV is $0.3527 and a two-hundred day moving average price translates $0.8500 for the stock.
The latest earnings results from Enservco Corporation (AMEX: ENSV) was released for Jun, 2023. According to the Oil & Gas Equipment & Services Company, earnings per share came in at -$0.14, beating analysts’ expectations of -$0.15 by 0.01. This compares to -$0.34 EPS in the same period last year. The company reported revenue of $3.73 million for the quarter, compared to $3.45 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 8.09 percent. For the current quarter, analysts expect ENSV to generate $3.4M in revenue.
Moreover, the firm recently paid out its quarterly dividend on 12/02/2009. Investors who held shares on 11/16/2009 were paid a $0.73 dividend.
Enservco Corporation(ENSV) Company Profile
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. The company owns and operates specialized trucks, trailers, frac tanks, and other well-site related equipment. It operates in the Eastern United States region comprising the southern region of the Marcellus Shale formation and the Utica Shale formation in eastern Ohio; Rocky Mountain region consisting of western Colorado and southern Wyoming, central Wyoming, western North Dakota, and eastern Montana; and the Central United States region, including Eagle Ford Shale and East Texas Oilfield in Texas. The company was incorporated in 1980 and is headquartered in Longmont, Colorado.
