Total Energy Services (TSE:TOT) Insider William John George Kosich Sells 87,000 Shares

Total Energy Services Inc. (TSE:TOT) insider William John George Kosich sold 87,000 shares of the stock in a transaction on Monday, June 15th. The shares were sold at an average price of C$22.77, for a total transaction of C$1,980,990.00. Following the sale, the insider directly owned 172,221 shares of the company’s stock, valued at C$3,921,472.17. The trade was a 33.56% decrease in their position.

William John George Kosich also recently made the following trade(s):

• On Thursday, March 26th, William John George Kosich sold 18,000 shares of Total Energy Services stock. The shares were sold at an average price of C$23.60, for a total transaction of C$424,800.00.

Total Energy Services Trading Down 3.5%

TOT traded down C$0.81 during trading on Tuesday, hitting C$22.22. 179,621 shares of the stock traded hands, compared to its average volume of 109,004. The firm has a market capitalization of C$814.70 million, a P/E ratio of 10.53, a price-to-earnings-growth ratio of 1.77 and a beta of 0.70. The company has a debt-to-equity ratio of 11.42, a current ratio of 1.35 and a quick ratio of 1.09. The firm has a 50-day moving average of C$24.02 and a 200 day moving average of C$19.67. Total Energy Services Inc. has a 12-month low of C$10.50 and a 12-month high of C$27.58.

Total Energy Services (TSE:TOT) last announced its quarterly earnings results on Tuesday, May 12th. The company reported C$0.65 earnings per share for the quarter. The business had revenue of C$314.90 million during the quarter. Total Energy Services had a net margin of 7.04% and a return on equity of 13.24%. Equities research analysts anticipate that Total Energy Services Inc. will post 2.0517598 EPS for the current year.

Total Energy Services Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 15th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $0.48 annualized dividend and a yield of 2.2%. Total Energy Services’s dividend payout ratio is presently 19.91%.

Analyst Ratings Changes

Separately, ATB Cormark Capital Markets raised their target price on shares of Total Energy Services from C$20.00 to C$24.00 in a research report on Thursday, March 12th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of C$24.00.

About Total Energy Services

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.