Bradley John Macson Sells 20,000 Shares of Total Energy Services (TSE:TOT) Stock

Total Energy Services Inc. (TSE:TOT) insider Bradley John Macson sold 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of C$30.21, for a total value of C$604,200.00. Following the transaction, the insider directly owned 185,744 shares of the company’s stock, valued at approximately C$5,611,326.24. This trade represents a 9.72% decrease in their position.

Total Energy Services Price Performance

Shares of TOT opened at C$31.39 on Friday. The company has a quick ratio of 1.09, a current ratio of 1.24 and a debt-to-equity ratio of 8.05. Total Energy Services Inc. has a twelve month low of C$12.82 and a twelve month high of C$31.44. The stock has a market capitalization of C$1.15 billion, a P/E ratio of 13.19, a P/E/G ratio of 1.77 and a beta of 0.74. The company has a 50 day moving average of C$24.21 and a 200-day moving average of C$22.63.

Total Energy Services (TSE:TOT) last announced its quarterly earnings data on Wednesday, August 12th. The company reported C$0.72 EPS for the quarter. Total Energy Services had a net margin of 7.38% and a return on equity of 14.51%. The business had revenue of C$328.96 million for the quarter. As a group, equities research analysts forecast that Total Energy Services Inc. will post 2.0517598 EPS 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 stock an “outperform” rating in a research note on Friday, July 10th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy” and a consensus 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.