Energy Services of America Co. (NASDAQ:ESOA) Director Mark Prince Purchases 21,000 Shares

Energy Services of America Co. (NASDAQ:ESOA) Director Mark Prince bought 21,000 shares of the stock in a transaction that occurred on Wednesday, February 12th. The shares were purchased at an average cost of $10.96 per share, for a total transaction of $230,160.00. Following the completion of the acquisition, the director now owns 100,071 shares of the company’s stock, valued at $1,096,778.16. This trade represents a 26.56 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Energy Services of America Price Performance

Shares of ESOA opened at $10.34 on Wednesday. The business’s 50-day moving average price is $12.96 and its 200 day moving average price is $11.65. Energy Services of America Co. has a 1-year low of $5.70 and a 1-year high of $19.83.

Energy Services of America (NASDAQ:ESOA) last issued its quarterly earnings results on Monday, February 10th. The company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.05).

Hedge Funds Weigh In On Energy Services of America

Institutional investors have recently bought and sold shares of the stock. Quantbot Technologies LP purchased a new position in Energy Services of America in the 4th quarter worth about $100,000. Wells Fargo & Company MN purchased a new position in Energy Services of America during the 4th quarter valued at about $111,000. Tower Research Capital LLC TRC purchased a new position in Energy Services of America during the 4th quarter valued at about $112,000. Occudo Quantitative Strategies LP purchased a new position in Energy Services of America during the 4th quarter valued at about $127,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in Energy Services of America during the 4th quarter valued at about $140,000. Hedge funds and other institutional investors own 2.13% of the company’s stock.

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.