Assessing Whether Enservco Corp (AMEX: ENSV) Is Over- Or Undervalued

Enservco Corp (ENSV) concluded trading on Wednesday at a closing price of $0.23, with 10.01 million shares of worth about $2.3 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -43.98% during that period and on March 20, 2024 the price saw a gain of about 16.34%. Currently the company’s common shares owned by public are about 26.88M shares, out of which, 25.10M shares are available for trading.

However, the stock later moved at a day high price of 0.2550, or with a gain of 16.34%. Stock saw a price change of 22.40% in past 5 days and over the past one month there was a price change of 2.17%. Year-to-date (YTD), ENSV shares are showing a performance of -6.75% which decreased to -41.21% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.17 but also hit the highest price of $0.69 during that period. The average intraday trading volume for Enservco Corp shares is 223.77K. The stock is currently trading 17.87% above its 20-day simple moving average (SMA20), while that difference is up 15.67% for SMA50 and it goes to -25.60% lower than SMA200.

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Enservco Corp (AMEX: ENSV) currently have 26.88M outstanding shares and institutions hold larger chunk of about 19.44% of that.

The stock has a current market capitalization of $6.32M and its 3Y-monthly beta is at 1.06. It has posted earnings per share of -$0.48 in the same period. It has Quick Ratio of 0.63 while making debt-to-equity ratio of 6.63. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ENSV, volatility over the week remained 11.02% while standing at 8.57% over the month.

Analysts are in expectations that Enservco Corp (ENSV) stock would likely to be making an EPS of -$0.05 in the current quarter, while forecast for next quarter EPS is -$0.02 and it is -$0.19 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.05 which is -$0.05 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$0.27 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 20.33% while it is estimated to increase by 50.16% in next year. EPS is likely to shrink at an annualized rate of 20.00% for next 5-years, compared to annual growth of 24.97% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Northland Capital on November 13, 2015 offering an Outperform rating for the stock and assigned a target price range of between $2 and $1.25 to it. Coverage by Northland Capital stated Enservco Corp (ENSV) stock as an Outperform in their note to investors on March 19, 2015, suggesting a price target of $2.75 for the stock.

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