Energy Services of America (OTCMKTS:ESOA) Shares Cross Below Two Hundred Day Moving Average of $2.46

Shares of Energy Services of America Co. (OTCMKTS:ESOA – Get Rating) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $2.46 and traded as low as $1.89. Energy Services of America shares last traded at $1.89, with a volume of 3,046 shares trading hands.

Analyst Ratings Changes

Separately, Litchfield Hills Research reaffirmed a “buy” rating on shares of Energy Services of America in a research note on Monday, February 6th.

Energy Services of America Stock Down 1.6 %

The stock has a fifty day simple moving average of $2.17 and a two-hundred day simple moving average of $2.45.

Institutional Investors Weigh In On Energy Services of America

A number of large investors have recently modified their holdings of ESOA. Raymond James & Associates acquired a new stake in shares of Energy Services of America in the 1st quarter valued at $196,000. Cambridge Investment Research Advisors Inc. acquired a new position in Energy Services of America during the 1st quarter worth approximately $201,000. Royal Bank of Canada acquired a new position in Energy Services of America during the 1st quarter worth approximately $906,000. Jane Street Group LLC acquired a new position in Energy Services of America during the 1st quarter worth approximately $81,000. Finally, Virtu Financial LLC acquired a new position in Energy Services of America during the 1st quarter worth approximately $51,000. Institutional investors and hedge funds own 2.13% of the company’s stock.

About Energy Services of America

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Energy Services of America Corp. engages in the provision of services in the natural gas, petroleum, water distribution, automotive, chemical, and power industries. The firm is also involved in construction, replacement, and repair of natural gas pipelines and storage facilities for utility companies and private natural gas companies.