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

Energy Services of America Co. (NASDAQ:ESOA) President Douglas V. Reynolds acquired 2,000 shares of the company’s stock in a transaction dated Thursday, June 20th. The stock was bought at an average cost of $7.54 per share, for a total transaction of $15,080.00. Following the completion of the transaction, the president now directly owns 1,465,051 shares of the company’s stock, valued at $11,046,484.54. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Energy Services of America Price Performance

Shares of ESOA opened at $7.04 on Thursday. The company’s 50-day moving average is $7.04 and its 200-day moving average is $7.05. Energy Services of America Co. has a fifty-two week low of $2.66 and a fifty-two week high of $9.49.

Energy Services of America (NASDAQ:ESOA) last issued its quarterly earnings data on Wednesday, May 8th. The company reported ($0.07) earnings per share 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.

Hedge Funds Weigh In On Energy Services of America

A number of hedge funds have recently bought and sold shares of the business. Quadrature Capital Ltd bought a new position in Energy Services of America during the first quarter worth about $106,000. Heron Bay Capital Management bought a new position in Energy Services of America during the first quarter worth about $234,000. CreativeOne Wealth LLC bought a new position in Energy Services of America during the first quarter worth about $109,000. O Shaughnessy Asset Management LLC acquired a new stake in Energy Services of America during the first quarter worth about $826,000. Finally, Acadian Asset Management LLC grew its stake in Energy Services of America by 7.6% during the first quarter. Acadian Asset Management LLC now owns 65,755 shares of the company’s stock worth $541,000 after buying an additional 4,641 shares in the last quarter. 2.13% of the stock is owned by 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.