Total Energy Services (TSE:TOT) Insider Acquires C$7,558,444.04 in Stock

Total Energy Services Inc. (TSE:TOT) insider Total Energy Services Inc purchased 314,804 shares of Total Energy Services stock in a transaction on Tuesday, June 30th. The shares were purchased at an average cost of C$24.01 per share, with a total value of C$7,558,444.04. Following the transaction, the insider owned 326,814 shares in the company, valued at approximately C$7,846,804.14. The trade was a 2,621.18% increase in their ownership of the stock.

Total Energy Services Inc also recently made the following trade(s):

• On Wednesday, April 8th, Total Energy Services Inc purchased 46,738 shares of Total Energy Services stock. The shares were acquired at an average cost of C$21.78 per share, with a total value of C$1,017,953.64.

Total Energy Services Price Performance

TSE TOT opened at C$23.06 on Thursday. The firm’s 50 day moving average is C$23.87 and its 200-day moving average is C$20.46. The company has a quick ratio of 1.09, a current ratio of 1.35 and a debt-to-equity ratio of 11.42. The company has a market capitalization of C$845.49 million, a PE ratio of 10.93, a price-to-earnings-growth ratio of 1.77 and a beta of 0.76. Total Energy Services Inc. has a 12-month low of C$10.50 and a 12-month high of C$27.58.

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

Wall Street Analysts Forecast Growth

Separately, ATB Cormark Capital Markets raised their price objective on Total Energy Services from C$20.00 to C$24.00 in a report on Thursday, March 12th. One analyst has rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of C$24.00.

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.