Enservco (NYSEAMERICAN:ENSV) Shares Pass Above 50 Day Moving Average of $0.00

Enservco Corp (NYSEAMERICAN:ENSV)’s stock price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $0.00 and traded as high as $0.20. Enservco shares last traded at $0.20, with a volume of 1,500 shares traded.

Enservco (NYSEAMERICAN:ENSV) last posted its quarterly earnings results on Wednesday, August 14th. The oil and gas producer reported ($0.08) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.04) by ($0.04). The business had revenue of $7.21 million for the quarter.

An institutional investor recently raised its position in Enservco stock. Vanguard Group Inc. grew its holdings in Enservco Corp (NYSEAMERICAN:ENSV) by 30.2% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,396,840 shares of the oil and gas producer’s stock after acquiring an additional 323,625 shares during the period. Vanguard Group Inc. owned about 2.57% of Enservco worth $525,000 as of its most recent SEC filing.

Enservco Company Profile (NYSEAMERICAN:ENSV)

Enservco Corporation, through its subsidiaries, provides oil field services to the onshore oil and natural gas industry in the United States. The company operates through Well Enhancement Services, Water Transfer Services, Water Hauling Services, and Construction Services segments. It offers frac water heating, hot oiling, pressure testing, acidizing, water transfer, bacteria and scale treatment, freshwater and saltwater hauling, fluid disposal, frac tank rental, well site construction, and other general oil field services.

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