Insider Buying: Total Energy Services (TSE:TOT) Director Acquires C$14,353.30 in Stock

Total Energy Services Inc. (TSE:TOT) Director Jessica Kirstine bought 610 shares of the company’s stock in a transaction that occurred on Tuesday, July 14th. The stock was purchased at an average price of C$23.53 per share, for a total transaction of C$14,353.30. Following the transaction, the director owned 14,120 shares of the company’s stock, valued at C$332,243.60. The trade was a 4.52% increase in their ownership of the stock.

Total Energy Services Stock Performance

TSE:TOT traded up C$0.05 during midday trading on Tuesday, hitting C$23.61. The company’s stock had a trading volume of 29,911 shares, compared to its average volume of 107,210. Total Energy Services Inc. has a fifty-two week low of C$10.63 and a fifty-two week high of C$27.58. 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 market cap of C$865.66 million, a P/E ratio of 11.19, a P/E/G ratio of 1.77 and a beta of 0.76. The firm’s 50 day moving average is C$23.85 and its 200-day moving average is C$20.63.

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

Wall Street Analyst Weigh In

Separately, ATB Cormark Capital Markets upped their price target on shares of Total Energy Services from C$32.00 to C$33.00 and gave the company an “outperform” rating in a report on Friday. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of C$33.00.

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.