Advisor Resource Council Buys New Holdings in Energy Services of America Co. (NASDAQ:ESOA)

Advisor Resource Council bought a new stake in Energy Services of America Co. (NASDAQ:ESOA) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 15,230 shares of the company’s stock, valued at approximately $126,000.

Other large investors have also modified their holdings of the company. Raymond James & Associates raised its stake in Energy Services of America by 27.0% during the fourth quarter. Raymond James & Associates now owns 23,497 shares of the company’s stock worth $141,000 after acquiring an additional 5,000 shares in the last quarter. M. Kulyk & Associates LLC acquired a new position in Energy Services of America during the fourth quarter worth $62,000. Denali Advisors LLC acquired a new position in Energy Services of America during the first quarter worth $154,000. Bailard Inc. acquired a new position in Energy Services of America during the fourth quarter worth $112,000. Finally, Thompson Davis & CO. Inc. raised its stake in Energy Services of America by 30.6% during the fourth quarter. Thompson Davis & CO. Inc. now owns 1,326,274 shares of the company’s stock worth $7,931,000 after acquiring an additional 310,924 shares in the last quarter. 2.13% of the stock is currently owned by institutional investors and hedge funds.

Energy Services of America Stock Performance

Energy Services of America stock traded up $0.17 during mid-day trading on Thursday, hitting $7.27. 50,200 shares of the company were exchanged, compared to its average volume of 149,722. The business has a fifty day moving average of $7.04 and a 200 day moving average of $7.17. Energy Services of America Co. has a 1-year low of $2.66 and a 1-year high of $9.49.

Energy Services of America (NASDAQ:ESOA) last released 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 business had revenue of $71.13 million during the quarter, compared to analysts’ expectations of $73.40 million.

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.