Total Energy Services Inc Purchases 49,000 Shares of Total Energy Services Inc. (TSE:TOT) Stock

Total Energy Services Inc. (TSE:TOT) insider Total Energy Services Inc acquired 49,000 shares of the stock in a transaction dated Friday, January 10th. The shares were bought at an average price of C$11.91 per share, with a total value of C$583,433.20.

Total Energy Services Stock Up 1.1 %

Shares of Total Energy Services stock opened at C$11.84 on Friday. The firm has a market cap of C$459.98 million, a price-to-earnings ratio of 11.28, a PEG ratio of 1.77 and a beta of 2.02. The stock’s 50-day moving average is C$11.66 and its 200 day moving average is C$10.24. The company has a debt-to-equity ratio of 27.21, a current ratio of 1.31 and a quick ratio of 1.09. Total Energy Services Inc. has a one year low of C$8.49 and a one year high of C$12.39.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. ATB Capital increased their target price on shares of Total Energy Services from C$18.00 to C$19.00 in a research report on Tuesday, November 12th. TD Securities decreased their price objective on shares of Total Energy Services from C$19.00 to C$18.00 in a research report on Tuesday, December 10th.

About Total Energy Services

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.