Gilder Gagnon Howe & Co. LLC Sells 59,730 Shares of Eco-Stim Energy Solutions, Inc. (NASDAQ:ESES)
Gilder Gagnon Howe & Co. LLC cut its position in shares of Eco-Stim Energy Solutions, Inc. (NASDAQ:ESES) by 7.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 787,940 shares of the oil and gas company’s stock after selling 59,730 shares during the period. Gilder Gagnon Howe & Co. LLC owned about 0.05% of Eco-Stim Energy Solutions worth $985,000 as of its most recent filing with the SEC.
Separately, Arosa Capital Management LP acquired a new position in Eco-Stim Energy Solutions during the first quarter worth $293,000. 14.28% of the stock is owned by institutional investors and hedge funds.
Eco-Stim Energy Solutions, Inc. (NASDAQ ESES) opened at 1.48 on Friday. The stock’s market capitalization is $22.24 million. The company has a 50-day moving average of $1.38 and a 200-day moving average of $1.24. Eco-Stim Energy Solutions, Inc. has a 1-year low of $0.66 and a 1-year high of $2.61.
A number of research analysts recently weighed in on the stock. Zacks Investment Research upgraded shares of Eco-Stim Energy Solutions from a “sell” rating to a “hold” rating in a research note on Wednesday, July 26th. FBR & Co lifted their price objective on shares of Eco-Stim Energy Solutions from $2.20 to $2.50 and gave the company an “outperform” rating in a research note on Monday, July 24th. Finally, Seaport Global Securities reiterated a “neutral” rating on shares of Eco-Stim Energy Solutions in a research note on Thursday, July 20th.
Eco-Stim Energy Solutions Company Profile
Eco-Stim Energy Solutions, Inc is an oilfield services company. The Company provides well stimulation, coiled tubing and field management services to the upstream oil and gas industry. The Company focuses on the active shale and unconventional oil and natural gas basins outside the United States and it has commenced operations in Argentina.
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