Total Energy Services Inc Acquires 300,892 Shares of Total Energy Services (TSE:TOT) Stock

Total Energy Services Inc. (TSE:TOT) insider Total Energy Services Inc acquired 300,892 shares of the company’s stock in a transaction dated Wednesday, December 31st. The shares were purchased at an average cost of C$15.02 per share, with a total value of C$4,519,397.84. Following the acquisition, the insider owned 312,892 shares of the company’s stock, valued at approximately C$4,699,637.84. This represents a 2,507.43% increase in their position.

Total Energy Services Price Performance

TSE TOT traded down C$0.26 during trading hours on Wednesday, reaching C$14.97. 11,344 shares of the company’s stock were exchanged, compared to its average volume of 57,400. The firm has a fifty day moving average of C$14.57 and a 200-day moving average of C$13.19. Total Energy Services Inc. has a one year low of C$8.40 and a one year high of C$15.60. The stock has a market cap of C$551.29 million, a PE ratio of 9.36, a price-to-earnings-growth ratio of 1.77 and a beta of 0.98. The company has a current ratio of 1.40, a quick ratio of 1.09 and a debt-to-equity ratio of 27.27.

Total Energy Services (TSE:TOT) last posted its quarterly earnings data on Wednesday, November 12th. The company reported C$0.38 EPS for the quarter. The company had revenue of C$260.70 million for the quarter. Total Energy Services had a return on equity of 7.84% and a net margin of 4.90%. On average, equities research analysts predict that Total Energy Services Inc. will post 2.0517598 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, ATB Capital decreased their price objective on shares of Total Energy Services from C$20.50 to C$20.00 and set an “outperform” rating on the stock in a report on Friday, December 19th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Total Energy Services presently has a consensus rating of “Buy” and an average target price of C$20.00.

Total Energy Services Company Profile

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.