Total Energy Services (TSE:TOT) Director George Chow Buys 1,500 Shares of Stock

Total Energy Services Inc. (TSE:TOT) Director George Chow acquired 1,500 shares of Total Energy Services stock in a transaction on Tuesday, November 18th. The stock was purchased at an average price of C$13.82 per share, with a total value of C$20,730.00. Following the purchase, the director owned 57,960 shares of the company’s stock, valued at C$801,007.20. The trade was a 2.66% increase in their position.

Total Energy Services Stock Performance

Shares of TOT traded up C$0.23 during mid-day trading on Friday, reaching C$15.52. 37,715 shares of the company’s stock were exchanged, compared to its average volume of 58,071. The business’s fifty day simple moving average is C$14.23 and its 200-day simple moving average is C$12.79. The stock has a market capitalization of C$571.54 million, a PE ratio of 9.70, a price-to-earnings-growth ratio of 1.77 and a beta of 0.98. Total Energy Services Inc. has a 52-week low of C$8.40 and a 52-week high of C$15.59. The company has a debt-to-equity ratio of 27.27, a current ratio of 1.40 and a quick ratio of 1.09.

Total Energy Services (TSE:TOT) last released its quarterly earnings results on Wednesday, November 12th. The company reported C$0.38 EPS for the quarter. Total Energy Services had a net margin of 4.90% and a return on equity of 7.84%. The firm had revenue of C$260.70 million during the quarter. On average, equities research analysts expect that Total Energy Services Inc. will post 2.0517598 earnings per share for the current year.

Total Energy Services Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Wednesday, October 15th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Monday, September 29th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.6%. Total Energy Services’s dividend payout ratio (DPR) is currently 24.38%.

Wall Street Analyst Weigh In

Separately, ATB Capital upped their price objective on Total Energy Services from C$18.00 to C$19.50 and gave the company an “outperform” rating in a research note on Thursday, October 23rd. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, Total Energy Services presently has an average rating of “Buy” and an average price target of C$19.50.

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.