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 company’s stock in a transaction on Monday, December 29th. The stock was purchased at an average cost of C$15.26 per share, for a total transaction of C$23,958.20. Following the purchase, the director directly owned 75,025 shares in the company, valued at approximately C$1,144,881.50. This trade represents a 2.14% increase in their ownership of the stock.

Total Energy Services Stock Down 0.4%

Shares of TOT stock traded down C$0.07 on Friday, hitting C$15.95. 90,405 shares of the stock were exchanged, compared to its average volume of 54,488. The company has a current ratio of 1.40, a quick ratio of 1.09 and a debt-to-equity ratio of 27.27. The firm has a market capitalization of C$587.37 million, a P/E ratio of 9.97, a price-to-earnings-growth ratio of 1.77 and a beta of 1.04. 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 business has a 50-day moving average of C$15.04 and a 200 day moving average of C$13.74.

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

Wall Street Analysts Forecast Growth

Separately, ATB Capital decreased their target price 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 analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target 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.