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 firm’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of C$30.21, for a total transaction of C$604,200.00. Following the completion of the sale, the insider owned 185,744 shares in the company, valued at C$5,611,326.24. The trade was a 9.72% decrease in their ownership of the stock.

Total Energy Services Stock Up 1.0%

Shares of Total Energy Services stock traded up C$0.29 during trading on Thursday, hitting C$30.37. 131,572 shares of the stock were exchanged, compared to its average volume of 112,528. The stock has a market cap of C$1.11 billion, a price-to-earnings ratio of 12.76, a price-to-earnings-growth ratio of 1.77 and a beta of 0.74. The firm’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 12-month low of C$12.50 and a 12-month high of C$31.38. The company has a debt-to-equity ratio of 8.05, a current ratio of 1.24 and a quick ratio of 1.09.

Total Energy Services (TSE:TOT) last posted its earnings results on Wednesday, August 12th. The company reported C$0.72 EPS for the quarter. Total Energy Services had a return on equity of 14.51% and a net margin of 7.38%.The firm had revenue of C$328.96 million for the quarter. As a group, analysts forecast that Total Energy Services Inc. will post 2.0517598 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, ATB Cormark Capital Markets increased their price objective on 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 investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, 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.