Insider Selling: Total Energy Services (TSE:TOT) Director Sells C$55,440.00 in Stock

Total Energy Services Inc. (TSE:TOT) Director George Chow sold 1,800 shares of the stock in a transaction dated Monday, August 17th. The stock was sold at an average price of C$30.80, for a total value of C$55,440.00. Following the transaction, the director owned 1,800 shares of the company’s stock, valued at approximately C$55,440. This trade represents a 50.00% decrease in their position.

Total Energy Services Stock Down 0.5%

Shares of TOT traded down C$0.16 during midday trading on Monday, hitting C$30.71. The stock had a trading volume of 196,580 shares, compared to its average volume of 111,058. The firm has a market cap of C$1.13 billion, a price-to-earnings ratio of 12.90, a price-to-earnings-growth ratio of 1.77 and a beta of 0.74. The company has a 50 day simple moving average of C$23.58 and a two-hundred day simple moving average of C$22.18. Total Energy Services Inc. has a twelve month low of C$12.05 and a twelve month high of C$31.38. The company has a debt-to-equity ratio of 8.05, a current ratio of 1.24 and a quick ratio of 1.09.

Total Energy Services (TSE:TOT) last posted its quarterly earnings data on Wednesday, August 12th. The company reported C$0.72 earnings per share for the quarter. Total Energy Services had a return on equity of 14.51% and a net margin of 7.38%.The company had revenue of C$328.96 million during the quarter. On average, analysts anticipate that Total Energy Services Inc. will post 2.0517598 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, ATB Cormark Capital Markets lifted their price objective on shares of Total Energy Services from C$32.00 to C$33.00 and gave the company an “outperform” rating in a report on Friday, July 10th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of C$33.00.

About Total Energy Services

Total Energy Services Inc is an energy services company. The operating segments of the company are Contract Drilling Services, Rentals & Transportation Services, Compression & Process Service, Well servicing, and Corporate. The company’s operations are conducted in Canada, the United States of America, and Australia.