Total Energy Services Inc Acquires 314,804 Shares of Total Energy Services (TSE:TOT) Stock

Total Energy Services Inc. (TSE:TOT) insider Total Energy Services Inc bought 314,804 shares of the firm’s stock in a transaction that occurred on Tuesday, June 30th. The shares were acquired at an average price of C$24.01 per share, with a total value of C$7,558,444.04. Following the acquisition, the insider owned 326,814 shares of the company’s stock, valued at C$7,846,804.14. This represents 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 stock was bought at an average price of C$21.78 per share, for a total transaction of C$1,017,953.64.

Total Energy Services Stock Up 2.2%

Shares of Total Energy Services stock opened at C$22.53 on Wednesday. The company has a current ratio of 1.35, a quick ratio of 1.09 and a debt-to-equity ratio of 11.42. Total Energy Services Inc. has a 12-month low of C$10.50 and a 12-month high of C$27.58. The company has a market cap of C$826.06 million, a P/E ratio of 10.68, a PEG ratio of 1.77 and a beta of 0.76. The company’s fifty day simple moving average is C$23.88 and its two-hundred day simple moving average is C$20.41.

Total Energy Services (TSE:TOT) last posted its 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 firm had revenue of C$314.90 million during the quarter. Research analysts anticipate that Total Energy Services Inc. will post 2.0517598 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, ATB Cormark Capital Markets upped their target price on Total Energy Services from C$20.00 to C$24.00 in a report on Thursday, March 12th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the company has a consensus 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.