Bridgeway Capital Management, Inc.. recently announced the acquisition of new stake in Enservco Corporation (AMEX:ENSV). This fresh investment now brings its stake to 0.84% valued currently at $95325.0. In addition, Citadel Advisors LLC raised its holdings by 88363.0 to 0.27 million shares. And Virtu Financial BD LLC has lifted its position by 245.31% or 90896.0 shares – to 0.13 million shares.
With over 1.16 million Enservco Corporation (ENSV) shares trading Monday and a closing price of $0.14 on the day, the dollar volume was approximately $0.16 million. The shares have shown a negative weekly performance of -8.87% and its price on 08/31/20 lost nearly -6.28%. Currently, there are 55.35M common shares owned by the public and among those 45.95M shares have been available to trade.
An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 1 analysts who have offered their price forecasts for ENSV have a consensus price objective of $0.40. The analysts have set the share’s price value over the next 12 months at a high of $0.40 and a low of $0.40 should the stock experience a downside. Incidentally, analysts’ outlook for the Enservco Corporation stock is 2.50 for the next 12 months. But an upside of 65.0% will see the stock hit the forecast high price target while mean target price for the stock is $0.40.
Insiders at the company have transacted a total of 0 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 0 of these insider trades were purchases, accounting for 0 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.
The top 3 mutual fund holders in Enservco Corporation are Vanguard Extended Market Index Fu, Bridgeway Ultra Small Company Mar, and Fidelity Extended Market Index Fu. Vanguard Extended Market Index Fu owns 0.45 million shares of the company’s stock, all valued at over $92293.0. Fidelity Extended Market Index Fu now owns shares totaling to 0.14% of the shares outstanding.
Shares of Enservco Corporation (AMEX: ENSV) opened at $0.15, unchanged from a prior closing price of $0.15. However, the script later closed the day at $0.14, down -6.28%. The company’s stock has a 5-day price change of -8.87% and -22.94% over the past three months. ENSV shares are trading -25.50% year to date (YTD), with the 12-month market performance down to -44.56% lower. It has a 12-month low price of $0.07 and touched a high of $0.39 over the same period. Currently, 1.16 million shares have been traded, compared to an average intraday trading volume of 4.16 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -15.90%, -20.89%, and -16.58% respectively.
Institutional ownership of Enservco Corporation (AMEX: ENSV) shares accounts for 24.90% of the company’s 55.35M shares outstanding. Mutual fund holders own 22.76%, while other institutional holders and individual stakeholders account for 33.77% and 1.63% respectively.
It has a market capitalization of $7.40M and a beta (3y monthly) value of 2.17. The earnings-per-share (ttm) stands at -$0.28. Price movements for the stock have been influenced by the stock’s volatility, which stands at 7.88% over the week and 10.05% over the month.
Analysts forecast that Enservco Corporation (ENSV) will achieve an EPS of -$0.06 for the current quarter, -$0.04 for the next quarter and -$0.11 for 2021. The lowest estimate earnings-per-share for the quarter is -$0.07 while analysts give the company a high EPS estimate of -$0.05. Comparatively, EPS for the current quarter was -$0.1 a year ago. Earnings per share for the fiscal year are expected to decrease by -25.80%, and 50.00% over the next financial year. EPS should grow at an annualized rate of 20.00% over the next five years, compared to -24.10% over the past 5-year period.
If you are looking to buy this stock, then you may note that the average analyst recommendation by 1 brokerage firm advisors rate Enservco Corporation (ENSV) as a “Moderate Buy” at a consensus score of 2.50. Specifically, 1 Wall Street analysts polled rate the stock as a buy, while 0 of the 1 advise that investors “hold,” and 0 rated it as a “Sell.”
Looking at the support for the ENSV, a number of firms have released research notes about the stock. Northland Capital stated their Outperform rating for the stock in a research note on November 13, 2015, with the firm’s price target at $2-$1.25. Northland Capital coverage for the Enservco Corporation (ENSV) stock in a research note released on March 19, 2015 offered a Outperform rating with a price target of $2.75. Northland Capital was of a view on September 08, 2014 that the stock is Outperform, while William Blair gave the stock Outperform rating on July 15, 2014, issuing a price target of.