Energy Services of America Co. (NASDAQ:ESOA) President Douglas V. Reynolds Purchases 2,000 Shares of Stock

Energy Services of America Co. (NASDAQ:ESOA) President Douglas V. Reynolds bought 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 20th. The stock was acquired at an average price of $7.54 per share, for a total transaction of $15,080.00. Following the transaction, the president now owns 1,465,051 shares in the company, valued at $11,046,484.54. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Energy Services of America Trading Down 0.3 %

Shares of NASDAQ:ESOA opened at $7.10 on Tuesday. The company’s fifty day moving average is $7.07 and its 200 day moving average is $7.02. Energy Services of America Co. has a 52 week low of $2.66 and a 52 week high of $9.49.

Energy Services of America (NASDAQ:ESOA) last released its quarterly earnings data on Wednesday, May 8th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.16). The business had revenue of $71.13 million for the quarter, compared to analysts’ expectations of $73.40 million.

Hedge Funds Weigh In On Energy Services of America

A number of hedge funds have recently modified their holdings of ESOA. Acadian Asset Management LLC purchased a new position in shares of Energy Services of America in the third quarter valued at about $113,000. Raymond James & Associates increased its position in shares of Energy Services of America by 27.0% in the fourth quarter. Raymond James & Associates now owns 23,497 shares of the company’s stock valued at $141,000 after acquiring an additional 5,000 shares during the period. Bailard Inc. purchased a new position in shares of Energy Services of America in the fourth quarter valued at about $112,000. Thompson Davis & CO. Inc. boosted its stake in shares of Energy Services of America by 30.6% during the 4th quarter. Thompson Davis & CO. Inc. now owns 1,326,274 shares of the company’s stock valued at $7,931,000 after purchasing an additional 310,924 shares in the last quarter. Finally, M. Kulyk & Associates LLC bought a new stake in shares of Energy Services of America during the 4th quarter valued at about $62,000. Hedge funds and other institutional investors own 2.13% of the company’s stock.

About Energy Services of America

Energy Services of America Corporation, together with its subsidiaries, provides contracting services for utilities and energy related companies in the United States. The company constructs, replaces, and repairs interstate and intrastate natural gas pipelines and storage facilities for utility companies and private natural gas companies; and provides services relating to pipeline, storage facilities, and plant works.