Energy Services of America Co. (NASDAQ:ESOA) President Purchases $15,080.00 in Stock

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

Energy Services of America Stock Performance

NASDAQ:ESOA opened at $7.04 on Thursday. The firm’s 50-day moving average is $7.04 and its 200-day moving average is $7.05. 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 posted its quarterly earnings data on Wednesday, May 8th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.16). The firm had revenue of $71.13 million for the quarter, compared to the consensus estimate of $73.40 million.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in ESOA. Bailard Inc. acquired a new stake in shares of Energy Services of America during the 4th quarter valued at about $112,000. Thompson Davis & CO. Inc. boosted its position 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 acquiring an additional 310,924 shares in the last quarter. Acadian Asset Management LLC acquired a new stake in shares of Energy Services of America during the 3rd quarter valued at about $113,000. Raymond James & Associates boosted its position in shares of Energy Services of America by 27.0% during the 4th 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 in the last quarter. Finally, M. Kulyk & Associates LLC acquired a new stake in shares of Energy Services of America during the 4th quarter valued at about $62,000. 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.