Insider Selling: Total Energy Services Inc. (TSE:TOT) Senior Officer Sells 9,000 Shares of Stock

Total Energy Services Inc. (TSE:TOT) Senior Officer Ashley Desiree Ting sold 9,000 shares of Total Energy Services stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of C$11.15, for a total value of C$100,350.00.

Total Energy Services Price Performance

TSE:TOT opened at C$11.92 on Friday. The company has a debt-to-equity ratio of 27.21, a quick ratio of 1.09 and a current ratio of 1.31. The stock’s 50-day simple moving average is C$9.97 and its 200 day simple moving average is C$9.59. The company has a market cap of C$463.09 million, a P/E ratio of 11.35, a P/E/G ratio of 1.77 and a beta of 2.02. Total Energy Services Inc. has a 52-week low of C$7.36 and a 52-week high of C$11.96.

Total Energy Services Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were given a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 3.02%. The ex-dividend date of this dividend was Friday, September 27th. Total Energy Services’s dividend payout ratio (DPR) is presently 34.29%.

Wall Street Analyst Weigh In

Separately, ATB Capital boosted their price target on Total Energy Services from C$18.00 to C$19.00 in a report on Tuesday, November 12th.

Total Energy Services Company Profile

Total Energy Services Inc operates as an energy services company primarily in Canada, the United States, and Australia. It operates through Contract Drilling Services, Rentals and Transportation Services, Compression and Process Services and Well Servicing segments. The Contract Drilling Services segment operates a fleet of various drilling rigs supported by an extensive fleet of owned top drives, walking systems, pumps, and other ancillary equipment.