ENSV’s price-to-cash ratio: Is it a good investment at the moment?

Enservco Corp (ENSV)’s stock has witnessed a price hike of 8.71% from the previous close with its current price standing at $0.22. Its current price is -68.17% under its 52-week high of $0.69 and 28.65% more than its 52-week low of $0.17. Based on the past 30-day period, the stock price is -15.73% below the high and +16.04% above the low.

The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, ENSV’s SMA-200 is $0.3151.

Additionally, it is important to take into account ENSV stock ratios, including its price-to-sales ratio, which is 0.27 for the last tewlve months.ENSV’s price to book ratio for the most recent quarter was 4.52, resulting in an 19.68 price to cash per share for the period.

How does Enservco Corp (ENSV) stock rate among analysts? Buy, sell, or hold?

The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 0 brokerage firms that recommend the stock as a No Ratings. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 0.00 in simple terms.

Enservco Corp (ENSV): Earnings History

If we examine Enservco Corp’s recent earnings history, in the last quarter ended on 9/29/2023, it posted adjusted earnings per share of -$0.13, beating the consensus of -$0.11. In other words, it beat the consensus by -$0.02, resulting in a -18.20% surprise. In the 3 months period before the previous quarter which was closed on 9/29/2023, the stock recorded adjusted earnings per share of -$0.13 in contrast with the Outlook of -$0.11. That was a difference of -$0.02 and a surprise of -18.20%.

Enservco Corp (AMEX: ENSV) Ownership Details

I will give a breakdown of the key shareholders in Enservco Corp (ENSV). Recent figures show that the company’s insiders hold 2.41% of shares. A total of 23 institutional investors hold shares in the company, making 23.76% of its stock and 24.34% of its float.

Dec 30, 2023, it was reported that the Company’s largest institutional holder is Corsair Capital Management, L.P. holding total of 0.5 million shares that make 1.87% of the company’s total number of shares and are currently priced at 0.11 million.

The securities firm Geode Capital Management, LLC holds 0.14 million shares of ENSV, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 0.51%, and the holding percentage of shares is valued at 29354.0.

An overview of Enservco Corp’s technicals

In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Enservco Corp (ENSV) traded 607,316 shares per day, with a moving average of $0.1986 and price change of -0.0148. With the moving average of $0.2029 and a price change of -0.0110, about 366,127 shares changed hands on average over the past 50 days. Finally, ENSV’s 100-day average volume is 273,787 shares, alongside a moving average of $0.2587 and a price change of -0.1741.

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