Total Energy Services Inc. (OTCMKTS:TOTZF – Get Rating) shares were up 8.9% during mid-day trading on Tuesday . The company traded as high as $6.30 and last traded at $6.30. Approximately 100 shares traded hands during trading, a decline of 98% from the average daily volume of 6,250 shares. The stock had previously closed at $5.78.
A number of analysts have recently issued reports on TOTZF shares. Stifel Nicolaus lifted their price objective on shares of Total Energy Services from C$8.50 to C$9.00 in a research note on Wednesday, March 16th. BMO Capital Markets upgraded shares of Total Energy Services from a “market perform” rating to an “outperform” rating in a research note on Thursday, May 12th. Finally, Canaccord Genuity Group lifted their price target on shares of Total Energy Services from C$11.00 to C$12.50 and gave the stock a “buy” rating in a research note on Friday, April 22nd.
The company has a fifty day simple moving average of $6.69 and a 200-day simple moving average of $5.75.
Total Energy Services Inc provides various products and services to the oil and natural gas industry primarily in Canada, the United States, and Australia. It operates through four segments: Contract Drilling Services, Rentals and Transportation Services, Compression and Process Services and Well Servicing.
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