Energy Services of America Corp (NASDAQ: ESOA) has reported earnings for its fourth fiscal quarter (ending September 30) of $0.40 versus $0.34 for the same period a year ago — an increase of 18%. For the latest four quarters through September 30, E.P.S. were $1.52 versus $0.44 for the same period a year ago — an increase of 245%.
Recent Price Action
Energy Services of America Corp (NASDAQ: ESOA) stock closed at $18.80 on 12/16/24 after a major increase of 17.6%. Moreover, exceptionally high trading volume at 368% of normal accompanied the advance. The stock has risen 18.1% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Energy Services of America has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Energy Services of America has a poor Appreciation Score of 18 but a very high Power Rating of 98, triggering the High Neutral Value Trend Rating.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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