Energy Services of America Co. (NASDAQ:ESOA) Director Sells $257,500.00 in Stock

Energy Services of America Co. (NASDAQ:ESOA) Director Jack M. Reynolds sold 25,000 shares of the business’s stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of $10.30, for a total transaction of $257,500.00. Following the completion of the sale, the director now owns 408,385 shares of the company’s stock, valued at $4,206,365.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Energy Services of America Trading Down 0.3 %

Shares of ESOA opened at $10.13 on Monday. Energy Services of America Co. has a fifty-two week low of $3.46 and a fifty-two week high of $11.16. The company’s fifty day moving average is $8.71 and its two-hundred day moving average is $7.85.

Energy Services of America (NASDAQ:ESOA) last issued its earnings results on Monday, August 12th. The company reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.27. The firm had revenue of $85.92 million during the quarter, compared to analyst estimates of $91.23 million.

Hedge Funds Weigh In On Energy Services of America

Several hedge funds and other institutional investors have recently modified their holdings of the company. Quadrature Capital Ltd purchased a new position in shares of Energy Services of America in the 1st quarter valued at $106,000. CreativeOne Wealth LLC acquired a new stake in Energy Services of America in the 1st quarter valued at $109,000. LSV Asset Management purchased a new position in Energy Services of America in the first quarter valued at about $116,000. Advisor Resource Council acquired a new position in shares of Energy Services of America during the first quarter worth about $126,000. Finally, Denali Advisors LLC purchased a new stake in shares of Energy Services of America in the first quarter worth about $154,000. 2.13% of the stock is owned by institutional investors and hedge funds.

Energy Services of America Company Profile

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.