Energy Services of America Co. (NASDAQ:ESOA) Director Sells $237,500.00 in Stock

Energy Services of America Co. (NASDAQ:ESOA) Director Marshall T. Reynolds sold 25,000 shares of the company’s stock in a transaction dated Wednesday, August 28th. The shares were sold at an average price of $9.50, for a total value of $237,500.00. Following the transaction, the director now directly owns 1,629,303 shares in the company, valued at $15,478,378.50. The sale was disclosed in a filing with the SEC, which is available through this link.

Energy Services of America Stock Performance

Shares of ESOA stock opened at $9.60 on Friday. Energy Services of America Co. has a fifty-two week low of $3.46 and a fifty-two week high of $11.16. The stock’s 50-day simple moving average is $7.87 and its 200-day simple moving average is $7.62.

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

Institutional Investors Weigh In On Energy Services of America

A number of large investors have recently made changes to their positions in the stock. M. Kulyk & Associates LLC purchased a new position in Energy Services of America in the 4th quarter worth $62,000. Quadrature Capital Ltd purchased a new position in shares of Energy Services of America in the first quarter worth about $106,000. CreativeOne Wealth LLC acquired a new stake in shares of Energy Services of America during the first quarter worth about $109,000. LSV Asset Management acquired a new stake in shares of Energy Services of America during the first quarter worth about $116,000. Finally, Advisor Resource Council purchased a new stake in Energy Services of America in the first quarter valued at approximately $126,000. 2.13% of the stock is owned by hedge funds and other institutional investors.

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.