Insider Selling: Total Energy Services (TSE:TOT) Insider Sells C$120,720.00 in Stock

Total Energy Services Inc. (TSE:TOT) insider Bradley John Macson sold 12,000 shares of the stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of C$10.06, for a total value of C$120,720.00. Following the completion of the transaction, the insider directly owned 190,305 shares in the company, valued at approximately C$1,914,468.30. This represents a 5.93% decrease in their position.

Bradley John Macson also recently made the following trade(s):

• On Wednesday, August 19th, Bradley John Macson sold 20,000 shares of Total Energy Services stock. The stock was sold at an average price of C$30.21, for a total value of C$604,200.00.

Total Energy Services Stock Down 0.5%

Shares of TOT opened at C$31.28 on Friday. Total Energy Services Inc. has a 1 year low of C$12.82 and a 1 year high of C$31.67. The company has a debt-to-equity ratio of 8.05, a current ratio of 1.24 and a quick ratio of 1.09. The stock has a 50 day simple moving average of C$25.08 and a two-hundred day simple moving average of C$23.13. The firm has a market cap of C$1.14 billion, a P/E ratio of 13.14, a P/E/G ratio of 1.77 and a beta of 0.74.

Total Energy Services (TSE:TOT) last announced its quarterly earnings results on Wednesday, August 12th. The company reported C$0.72 EPS for the quarter. Total Energy Services had a return on equity of 14.51% and a net margin of 7.38%.The business had revenue of C$328.96 million for the quarter. On average, analysts forecast that Total Energy Services Inc. will post 2.0517598 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

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