Enservco Corp (ENSV) stock is lower by 22.02% over the past week and gets a Bearish rating from InvestorsObserver's Sentiment Indicator.
What is Stock Sentiment?
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With ENSV Stock Today?
Enservco Corp (ENSV) stock is lower by -4.38% while the S&P 500 has gained 0.17% as of 1:52 PM on Friday, Apr 16. ENSV is lower by -$0.06 from the previous closing price of $1.37 on volume of 647,856 shares. Over the past year the S&P 500 has gained 50.09% while ENSV is lower by -20.61%. ENSV lost -$0.58 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Enservco Corp click here.
More About Enservco Corp
Enservco Corp is a player in the oil and gas industry. It works in the conventional and unconventional oil and gas fields throughout the United States providing well enhancement and fluid logistics and management services to exploration and production companies operating in the U.S. onshore oil and gas industry. It functions through its subsidiaries namely; Heat Waves Hot Oil Service, Heat Waves Water Management, Adler Hot Oil Service, HE Services and Dillco Fluid Service. Its reportable business segments are Well Enhancement Services and Water Transfer Services.
Click Here to get the full Stock Score Report on Enservco Corp (ENSV) Stock.
