Total Energy Services (TOT) Trading Down 2.9%
Shares of Total Energy Services Inc (TSE:TOT) traded down 2.9% during trading on Friday . The company traded as low as C$13.12 and last traded at C$13.36. 40,906 shares were traded during mid-day trading, an increase of 30% from the average session volume of 31,437 shares. The stock had previously closed at C$13.76.
Several brokerages recently issued reports on TOT. BMO Capital Markets boosted their price objective on Total Energy Services from C$14.00 to C$17.00 in a research report on Monday, November 13th. GMP Securities boosted their price objective on Total Energy Services from C$18.00 to C$20.00 in a research report on Monday, November 13th. TD Securities upgraded Total Energy Services from a “hold” rating to a “buy” rating and boosted their price objective for the company from C$18.00 to C$19.00 in a research report on Friday, February 2nd. Finally, CIBC boosted their price objective on Total Energy Services from C$17.50 to C$18.50 in a research report on Tuesday, January 23rd.
The firm has a market cap of $612.20, a PE ratio of -41.38 and a beta of 0.33.
About Total Energy Services
Total Energy Services Inc is a Canada-based energy services company. The Company through operating divisions, wholly-owned subsidiaries and limited partnerships is involved in three business areas: contract drilling services (Chinook Drilling), rentals and transportation services (Total Oilfield Rentals); and the fabrication, sale, rental and servicing of new and used equipment for both oil and gas processing (Spectrum Process Systems) and gas compression (Bidell Gas Compression).
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