Jack M. Reynolds Sells 25,000 Shares of Energy Services of America Co. (NASDAQ:ESOA) Stock

Energy Services of America Co. (NASDAQ:ESOA) Director Jack M. Reynolds sold 25,000 shares of the stock in a transaction dated Friday, September 20th. The stock was sold at an average price of $10.30, for a total value of $257,500.00. Following the transaction, the director now owns 408,385 shares of the company’s stock, valued at approximately $4,206,365.50. The transaction was disclosed in a filing with the SEC, which is available at this link.

Energy Services of America Stock Down 3.9 %

ESOA stock opened at $9.69 on Wednesday. Energy Services of America Co. has a fifty-two week low of $3.46 and a fifty-two week high of $11.16. The business has a 50-day moving average of $8.81 and a 200-day moving average of $7.87.

Energy Services of America (NASDAQ:ESOA) last issued its quarterly 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 business had revenue of $85.92 million for the quarter, compared to the consensus estimate of $91.23 million.

Institutional Investors Weigh In On Energy Services of America

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Quadrature Capital Ltd bought a new position in shares of Energy Services of America in the 1st quarter valued at about $106,000. CreativeOne Wealth LLC acquired a new position in Energy Services of America during the first quarter valued at approximately $109,000. LSV Asset Management bought a new position in Energy Services of America in the first quarter valued at approximately $116,000. Advisor Resource Council acquired a new position in shares of Energy Services of America during the 1st quarter worth approximately $126,000. Finally, Denali Advisors LLC bought a new stake in shares of Energy Services of America during the 1st quarter worth approximately $154,000. 2.13% of the stock is currently 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.