Total Energy Services (TSE:TOT) Director Acquires 700 Shares

Total Energy Services Inc. (TSE:TOT) Director Tim Mcmillan bought 700 shares of the stock in a transaction dated Friday, August 14th. The shares were purchased at an average price of C$30.34 per share, with a total value of C$21,238.00. Following the completion of the transaction, the director directly owned 26,985 shares in the company, valued at approximately C$818,724.90. The trade was a 2.66% increase in their position.

Total Energy Services Price Performance

TOT traded up C$1.05 during trading hours on Friday, hitting C$30.78. The company’s stock had a trading volume of 240,411 shares, compared to its average volume of 110,187. The stock has a market cap of C$1.13 billion, a price-to-earnings ratio of 14.59, a P/E/G ratio of 1.77 and a beta of 0.74. The business’s 50-day moving average price is C$23.46 and its 200-day moving average price is C$22.07. 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$12.05 and a 12 month high of C$31.01.

Total Energy Services (TSE:TOT) last released its quarterly earnings data on Wednesday, August 12th. The company reported C$0.72 EPS for the quarter. Total Energy Services had a net margin of 7.04% and a return on equity of 13.24%. The business had revenue of C$328.96 million during the quarter. Sell-side analysts expect that Total Energy Services Inc. will post 2.0517598 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, ATB Cormark Capital Markets lifted their price target on Total Energy Services from C$32.00 to C$33.00 and gave the stock an “outperform” rating in a research report on Friday, July 10th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price 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.