Total Energy Services (TSE:TOT) Director Acquires C$37,104.00 in Stock

Total Energy Services Inc. (TSE:TOT) Director George Chow acquired 1,600 shares of Total Energy Services stock in a transaction that occurred on Friday, March 27th. The stock was acquired at an average price of C$23.19 per share, with a total value of C$37,104.00. Following the completion of the acquisition, the director directly owned 59,560 shares in the company, valued at C$1,381,196.40. This represents a 2.76% increase in their position.

Total Energy Services Stock Performance

TOT traded up C$0.21 during midday trading on Friday, hitting C$23.34. 170,559 shares of the company traded hands, compared to its average volume of 73,937. The company has a quick ratio of 1.09, a current ratio of 1.41 and a debt-to-equity ratio of 13.67. The firm has a market capitalization of C$850.46 million, a PE ratio of 11.97, a price-to-earnings-growth ratio of 1.77 and a beta of 0.99. The company’s 50-day moving average is C$18.28 and its 200 day moving average is C$15.74. Total Energy Services Inc. has a 52 week low of C$8.40 and a 52 week high of C$23.80.

Total Energy Services (TSE:TOT) last announced its quarterly earnings results on Tuesday, March 10th. The company reported C$1.50 earnings per share (EPS) for the quarter. Total Energy Services had a net margin of 6.97% and a return on equity of 12.57%. The firm had revenue of C$301.71 million for the quarter. On average, research analysts expect that Total Energy Services Inc. will post 2.0517598 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, ATB Cormark Capital Markets lifted their target price on shares of Total Energy Services from C$20.00 to C$24.00 in a research report on Thursday, March 12th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Total Energy Services currently has a consensus rating of “Buy” and a consensus target price of C$24.00.

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.