Total Energy Services Inc Acquires 314,804 Shares of Total Energy Services (TSE:TOT) Stock

Total Energy Services Inc. (TSE:TOT) insider Total Energy Services Inc purchased 314,804 shares of the firm’s stock in a transaction on Tuesday, June 30th. The stock was bought at an average cost of C$24.01 per share, for a total transaction of C$7,558,444.04. Following the completion of the purchase, the insider directly owned 326,814 shares in the company, valued at approximately C$7,846,804.14. This trade represents a 2,621.18% increase in their ownership of the stock.

Total Energy Services Inc also recently made the following trade(s):

• On Wednesday, April 8th, Total Energy Services Inc purchased 46,738 shares of Total Energy Services stock. The stock was purchased at an average cost of C$21.78 per share, for a total transaction of C$1,017,953.64.

Total Energy Services Trading Down 0.5%

Shares of TSE TOT traded down C$0.12 during trading hours on Monday, hitting C$22.04. The company’s stock had a trading volume of 58,721 shares, compared to its average volume of 108,199. Total Energy Services Inc. has a 12 month low of C$10.50 and a 12 month high of C$27.58. The stock has a market cap of C$808.10 million, a price-to-earnings ratio of 10.45, a P/E/G ratio of 1.77 and a beta of 0.76. The company has a debt-to-equity ratio of 11.42, a quick ratio of 1.09 and a current ratio of 1.35. The business has a 50-day simple moving average of C$23.92 and a 200-day simple moving average of C$20.30.

Total Energy Services (TSE:TOT) last issued its quarterly earnings data on Tuesday, May 12th. The company reported C$0.65 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$314.90 million during the quarter. On average, analysts anticipate that Total Energy Services Inc. will post 2.0517598 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

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

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.