Insider Buying: Total Energy Services (TSE:TOT) Director Purchases C$23,958.20 in Stock

Total Energy Services Inc. (TSE:TOT) Director Glenn Orval James Dagenais purchased 1,570 shares of the stock in a transaction on Monday, December 29th. The shares were acquired at an average cost of C$15.26 per share, with a total value of C$23,958.20. Following the transaction, the director directly owned 75,025 shares in the company, valued at C$1,144,881.50. The trade was a 2.14% increase in their ownership of the stock.

Total Energy Services Price Performance

Shares of TOT stock opened at C$16.25 on Tuesday. The company has a debt-to-equity ratio of 27.27, a quick ratio of 1.09 and a current ratio of 1.40. Total Energy Services Inc. has a fifty-two week low of C$8.40 and a fifty-two week high of C$16.50. The firm has a market cap of C$598.42 million, a P/E ratio of 10.16, a P/E/G ratio of 1.77 and a beta of 1.04. The business’s 50 day moving average price is C$15.08 and its 200-day moving average price is C$13.80.

Total Energy Services (TSE:TOT) last announced its quarterly earnings results on Wednesday, November 12th. The company reported C$0.38 EPS for the quarter. The company had revenue of C$260.70 million during the quarter. Total Energy Services had a return on equity of 7.84% and a net margin of 4.90%. On average, equities research analysts anticipate that Total Energy Services Inc. will post 2.0517598 earnings per share for the current year.

Analysts Set New Price Targets

Separately, ATB Capital decreased their price target on shares of Total Energy Services from C$20.50 to C$20.00 and set an “outperform” rating for the company in a research note on Friday, December 19th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Total Energy Services currently has a consensus rating of “Buy” and a consensus target price of C$20.00.

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.