Alert: Major Price Decline (12/23/24)-Energy Services of America Corp (NASDAQ: ESOA).

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On 12/23/24, Energy Services of America Corp (NASDAQ: ESOA) stock suffered a major decline of -11.9%, closing at $14.10. Moreover, this decline was accompanied by exceptionally high trading volume at 227% of normal. The stock has declined -11.8% during the last week but has been exceptionally strong relative to the market over the last nine months.

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Current PriceTarget Research Rating

Energy Services of America has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Energy Services of America has a poor Appreciation Score of 17 but a very high Power Rating of 99, and the High Neutral Value Trend Rating results.

Rating Review

In light of this highly negative 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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