Total Energy Services (TSE:TOT) had its price objective lowered by ATB Capital from C$6.50 to C$6.00 in a report issued on Friday, Analyst Ratings Network reports. The firm currently has an “outperform” rating on the stock. ATB Capital’s price objective would suggest a potential upside of 55.04% from the company’s previous close.
Separately, BMO Capital Markets reduced their price objective on shares of Total Energy Services from C$5.00 to C$4.75 in a research note on Thursday. Four research analysts have rated the stock with a buy rating, The stock presently has a consensus rating of “Buy” and a consensus target price of C$4.45.
TSE TOT opened at C$3.87 on Friday. The firm’s fifty day moving average price is C$3.92 and its two-hundred day moving average price is C$3.42. The stock has a market cap of C$174.46 million and a PE ratio of -5.69. Total Energy Services has a fifty-two week low of C$1.61 and a fifty-two week high of C$4.18. The company has a debt-to-equity ratio of 48.52, a quick ratio of 1.58 and a current ratio of 3.25.
In other news, insider Total Energy Services Inc bought 81,300 shares of the company’s stock in a transaction that occurred on Monday, March 29th. The shares were acquired at an average price of C$4.02 per share, for a total transaction of C$327,159.33. Following the completion of the acquisition, the insider now directly owns 81,300 shares in the company, valued at C$327,159.33. In the last 90 days, insiders purchased 183,880 shares of company stock worth $736,571.
About Total Energy Services
Total Energy Services Inc provides various products and services to the oil and natural gas industry primarily in Canada, the United States, and Australia. It operates through four segments: Contract Drilling Services, Rentals and Transportation Services, Compression and Process Services and Well Servicing.
Featured Story: Understanding the Price to Earnings Ratio (PE)
Receive News & Ratings for Total Energy Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Total Energy Services and related companies with MarketBeat.com's FREE daily email newsletter.