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Energy Services of America ( (ESOA) ) just unveiled an announcement.
On September 18, 2025, Energy Services of America Corporation announced that its subsidiary, Nitro Construction Services, has entered into an Asset Purchase Agreement with Rigney Digital Systems, a leader in HVAC control systems. The acquisition, valued at $4.5 million, is expected to close on September 30, 2025, and will allow Nitro to expand its expertise in building technology while Rigney continues to operate under its established brand. This strategic move is aimed at enhancing Nitro’s service offerings and maintaining Rigney’s trusted name, ensuring continuity for existing customers and supporting future growth in the HVAC controls sector.
The most recent analyst rating on (ESOA) stock is a Hold with a $10.50 price target. To see the full list of analyst forecasts on Energy Services of America stock, see the ESOA Stock Forecast page.
Spark’s Take on ESOA Stock
According to Spark, TipRanks’ AI Analyst, ESOA is a Neutral.
Energy Services of America demonstrates strong financial performance with robust revenue growth and cash flow management. However, technical indicators suggest a bearish trend, and the high P/E ratio points to potential overvaluation. The lack of recent earnings call data and corporate events leaves these areas unassessed.
To see Spark’s full report on ESOA stock, click here.
More about Energy Services of America
Energy Services of America Corporation, headquartered in Huntington, West Virginia, operates primarily in the mid-Atlantic and Central regions of the United States. The company provides services to the natural gas, petroleum, water distribution, automotive, chemical, and power industries, employing over 1,000 people. Its core values are safety, quality, and production.
Average Trading Volume: 208,620
Technical Sentiment Signal: Buy
Current Market Cap: $165.3M
For detailed information about ESOA stock, go to TipRanks’ Stock Analysis page.