Total Energy Services (TSE:TOT) Director Buys C$14,353.30 in Stock

Total Energy Services Inc. (TSE:TOT) Director Jessica Kirstine bought 610 shares of the business’s stock in a transaction dated Tuesday, July 14th. The shares were purchased at an average cost of C$23.53 per share, with a total value of C$14,353.30. Following the completion of the acquisition, the director owned 14,120 shares in the company, valued at approximately C$332,243.60. This represents a 4.52% increase in their ownership of the stock.

Total Energy Services Stock Performance

Shares of TOT traded up C$0.05 during trading hours on Tuesday, hitting C$23.61. The stock had a trading volume of 29,911 shares, compared to its average volume of 107,210. The firm has a 50-day moving average price of C$23.85 and a 200 day moving average price of C$20.63. Total Energy Services Inc. has a fifty-two week low of C$10.63 and a fifty-two week high of C$27.58. The firm has a market capitalization of C$865.66 million, a price-to-earnings ratio of 11.19, a PEG ratio of 1.77 and a beta of 0.76. The company has a debt-to-equity ratio of 11.42, a quick ratio of 1.09 and a current ratio of 1.35.

Total Energy Services (TSE:TOT) last released its quarterly earnings results on Tuesday, May 12th. The company reported C$0.65 EPS for the quarter. Total Energy Services had a net margin of 7.04% and a return on equity of 13.24%. The company had revenue of C$314.90 million for the quarter. As a group, research analysts anticipate that Total Energy Services Inc. will post 2.0517598 EPS for the current year.

Wall Street Analyst Weigh In

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

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.