Total Energy Services (TSE:TOT) Director Buys C$21,238.00 in Stock

Total Energy Services Inc. (TSE:TOT) Director Tim Mcmillan bought 700 shares of the company’s stock in a transaction on Friday, August 14th. The shares were acquired at an average price of C$30.34 per share, with a total value of C$21,238.00. Following the transaction, the director directly owned 26,985 shares of the company’s stock, valued at approximately C$818,724.90. This trade represents a 2.66% increase in their ownership of the stock.

Total Energy Services Trading Up 3.5%

Shares of TSE TOT traded up C$1.05 during midday trading on Friday, hitting C$30.78. The company’s stock had a trading volume of 240,411 shares, compared to its average volume of 110,187. The company has a current ratio of 1.35, a quick ratio of 1.09 and a debt-to-equity ratio of 11.42. The business’s 50 day moving average is C$23.46 and its two-hundred day moving average is C$22.07. Total Energy Services Inc. has a 12-month low of C$12.05 and a 12-month high of C$31.01. The firm has a market cap of C$1.13 billion, a P/E ratio of 14.59, a price-to-earnings-growth ratio of 1.77 and a beta of 0.74.

Total Energy Services (TSE:TOT) last posted its quarterly earnings data on Wednesday, August 12th. The company reported C$0.72 earnings per share (EPS) for the quarter. The company had revenue of C$328.96 million during the quarter. Total Energy Services had a return on equity of 13.24% and a net margin of 7.04%. As a group, equities research analysts expect that Total Energy Services Inc. will post 2.0517598 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, ATB Cormark Capital Markets lifted 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 report on Friday, July 10th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average 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.