Granahan Investment Management Inc. MA Has $332,000 Position in Enservco Corp (ENSV)
Granahan Investment Management Inc. MA cut its position in Enservco Corp (NYSEMKT:ENSV) by 49.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 992,427 shares of the oil and gas producer’s stock after selling 980,390 shares during the period. Granahan Investment Management Inc. MA’s holdings in Enservco Corp were worth $332,000 as of its most recent filing with the SEC.
Other institutional investors also recently made changes to their positions in the company. K.J. Harrison & Partners Inc boosted its position in Enservco Corp by 77.5% in the first quarter. K.J. Harrison & Partners Inc now owns 1,248,704 shares of the oil and gas producer’s stock worth $418,000 after buying an additional 545,011 shares during the last quarter. Perkins Capital Management Inc. boosted its position in Enservco Corp by 21.4% in the first quarter. Perkins Capital Management Inc. now owns 1,214,182 shares of the oil and gas producer’s stock worth $407,000 after buying an additional 214,182 shares during the last quarter. Finally, Hunter Associates Investment Management LLC boosted its position in Enservco Corp by 4.6% in the first quarter. Hunter Associates Investment Management LLC now owns 754,150 shares of the oil and gas producer’s stock worth $253,000 after buying an additional 33,250 shares during the last quarter.
Enservco Corp (ENSV) traded down 0.4191% during trading on Friday, reaching $0.3564. The company had a trading volume of 53,424 shares. The firm’s market capitalization is $18.20 million. The company’s 50-day moving average is $0.35 and its 200 day moving average is $0.43. Enservco Corp has a 52 week low of $0.21 and a 52 week high of $0.79.
Enservco Corp (NYSEMKT:ENSV) last posted its quarterly earnings results on Thursday, May 11th. The oil and gas producer reported $0.00 EPS for the quarter, beating the consensus estimate of ($0.02) by $0.02. Enservco Corp had a return on equity of 1.39% and a net margin of 0.37%. The firm had revenue of $13.78 million during the quarter, compared to analysts’ expectations of $9.74 million. Equities analysts anticipate that Enservco Corp will post ($0.07) EPS for the current year.
In other Enservco Corp news, Director Cross River Capital Management bought 183,782 shares of the business’s stock in a transaction on Tuesday, June 20th. The stock was bought at an average price of $0.39 per share, with a total value of $71,674.98. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last three months, insiders have acquired 534,060 shares of company stock valued at $201,529.
Enservco Corp Company Profile
Enservco Corporation provides well and fluid management services to the domestic onshore oil and natural gas industry. The Company’s services include frac water heating, hot oiling and acidizing (well enhancement services), and water transfer, water treatment, water hauling, fluid disposal, frac tank rental (fluid management services) and other general oilfield services.
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