Total Energy Services Inc Acquires 49,000 Shares of Total Energy Services Inc. (TSE:TOT) Stock

Total Energy Services Inc. (TSE:TOT) insider Total Energy Services Inc bought 49,000 shares of the stock in a transaction on Friday, January 10th. The shares were acquired at an average cost of C$11.91 per share, with a total value of C$583,433.20.

Total Energy Services Trading Up 1.1 %

Shares of Total Energy Services stock traded up C$0.13 on Friday, reaching C$11.84. 20,811 shares of the company’s stock were exchanged, compared to its average volume of 66,757. The company has a market capitalization of C$459.98 million, a P/E ratio of 11.28, a price-to-earnings-growth ratio of 1.77 and a beta of 2.02. Total Energy Services Inc. has a 52 week low of C$8.49 and a 52 week high of C$12.39. The firm’s 50-day moving average is C$11.61 and its two-hundred day moving average is C$10.21. The company has a debt-to-equity ratio of 27.21, a quick ratio of 1.09 and a current ratio of 1.31.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on TOT shares. ATB Capital upped their price objective on Total Energy Services from C$18.00 to C$19.00 in a research note on Tuesday, November 12th. TD Securities lowered their price objective on Total Energy Services from C$19.00 to C$18.00 in a research note on Tuesday, December 10th.

Total Energy Services Company Profile

Total Energy Services Inc operates as an energy services company primarily in Canada, the United States, and Australia. It operates through Contract Drilling Services, Rentals and Transportation Services, Compression and Process Services and Well Servicing segments. The Contract Drilling Services segment operates a fleet of various drilling rigs supported by an extensive fleet of owned top drives, walking systems, pumps, and other ancillary equipment.