Insider Selling: Total Energy Services (TSE:TOT) Director Sells C$55,440.00 in Stock

Total Energy Services Inc. (TSE:TOT) Director George Chow sold 1,800 shares of Total Energy Services stock in a transaction dated Monday, August 17th. The stock was sold at an average price of C$30.80, for a total transaction of C$55,440.00. Following the completion of the transaction, the director directly owned 1,800 shares of the company’s stock, valued at C$55,440. This trade represents a 50.00% decrease in their ownership of the stock.

Total Energy Services Trading Down 2.1%

TSE:TOT opened at C$30.08 on Thursday. The company’s 50 day moving average price is C$23.93 and its 200-day moving average price is C$22.47. Total Energy Services Inc. has a 52 week low of C$12.32 and a 52 week high of C$31.38. The company has a quick ratio of 1.09, a current ratio of 1.24 and a debt-to-equity ratio of 8.05. The stock has a market cap of C$1.10 billion, a price-to-earnings ratio of 12.64, a PEG ratio of 1.77 and a beta of 0.74.

Total Energy Services (TSE:TOT) last announced its quarterly earnings data on Wednesday, August 12th. The company reported C$0.72 earnings per share for the quarter. The company had revenue of C$328.96 million during the quarter. Total Energy Services had a net margin of 7.38% and a return on equity of 14.51%. On average, equities research analysts forecast that Total Energy Services Inc. will post 2.0517598 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, ATB Cormark Capital Markets boosted their price target on 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, Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target 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.