Energy Services of America (OTCMKTS:ESOA) Stock Price Passes Above 50 Day Moving Average – Here’s What Happened

Shares of Energy Services of America Co. (OTCMKTS:ESOA) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $9.97 and traded as high as $11.49. Energy Services of America shares last traded at $11.36, with a volume of 193,536 shares traded.

Energy Services of America Stock Performance

The stock has a 50-day simple moving average of $10.01 and a 200-day simple moving average of $8.23.

Energy Services of America (OTCMKTS:ESOA) last announced its quarterly earnings results on Monday, August 12th. The company reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.27. The business had revenue of $85.92 million for the quarter, compared to analyst estimates of $91.23 million.

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.