What Are Expectations For Energy Services of America Corp (NASDAQ: ESOA) In The Short Term?

Energy Services of America Corp (NASDAQ:ESOA) traded at $9.06 at last check on current trade day and made an upward move of 35.43% on its previous day’s price.

Looking at the stock we see that its previous close was $6.69 with the day’s price range being $7.5 – $9.1. The company has a trailing 12-month PE ratio of 6.22. In terms of its 52-week price range, ESOA has a high of $9.49 and a low of $2.93. The company’s stock has gained about 21.77% over that past 30 days.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Energy Services of America Corp has a market cap of $150.49 million. With its Forward Dividend at 0.06 and a yield of 0.66%, the company’s investors could be anxious for the ESOA stock to gain ahead of the earnings release.

On the other hand, looking at the outlook for the ESOA stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of Hold.

Looking further, we note the current price level is 26.70% off its SMA20 and 25.36% from its 50-day simple moving average. The RSI (14) is pointing at 69.40 while the volatility over the past week is 4.79% and jumps to 5.29% over the past one month. The beta value is 0.78, while the average true range (ATR) is currently pointing at 0.53.

Coming back to Energy Services of America Corp (NASDAQ:ESOA), we note that the average 3-month trading volume was 130.50K, while that of the preceding 10-day period stands at 93690.0. Current shares outstanding are 16.57 million.

The insiders hold 37.23% of the company’s shares while institutions hold 29.49%. The data shows that short shares as of 2024-07-31, stood at 0.18 million at a short ratio of 1.96. This represents a 162.00 short interest in shares outstanding on 2024-07-31. Shares short rose in July from the previous month at 0.16 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 51.51% up in year-to-date price movement.

Most Popular