Do Investors Have Much Faith In Enservco Corp (AMEX: ENSV)

Enservco Corp (AMEX:ENSV) does about 715.19K shares in volume on a normal day but saw 1842562 shares change hands in Monday trading. The company now has a market cap of 5.12M USD. Its current market price is $0.19, marking a decrease of -23.40% compared to the previous close of $0.24. The 52 week high reached by this stock is $0.50 whilst the lowest price level in 52 weeks is $0.17.

Enservco Corp (ENSV) has a 20-day trading average at $0.2582 and the current price is -62.62% off the 52-week high compared with 8.55% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.2519 and its 200-day simple moving average is $0.2821. If we look at the stock’s price movements over the week, volatility stands at 21.63%, which decreases to 12.59% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 31.93 to suggest the stock is neutral.

The consensus objective for the share price is $1.00, suggesting that the stock has a potential upside of 81.0% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on November 13, 2015 when Northland Capital reiterated the stock to “Outperform” and issued a price target of between $2 and $1.25. Northland Capital initiated its price target at $4.

Enservco Corp (ENSV) stock is down -38.46% over the week and -15.73% over the past month. Its price is -26.47% year-to-date and -55.14% over the past year.

To reach the target analysts have set, the stock logically needs to grow 81.0 percent from here.

The company has a return on investment of -312.99% and return on equity of -291.06%. The beta has a value of 1.22. Price to book ratio is 14.49 and price to sales ratio is 0.22.