Where Will Enservco Corp (ENSV) Stock Go Next After It Is Down 42.86% in a Week?

Enservco Corp (ENSV) stock has fallen 42.86% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Enservco Corp has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on ENSV!

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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 trading at $0.56 as of 11:18 AM on Friday, Feb 24, a decline of -$0.03, or -5.19% from the previous closing price of $0.59. The stock has traded between $0.55 and $0.62 so far today. Volume today is 228,758 compared to average volume of 206,658. 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 Report for Enservco Corp stock.