Total Energy Services Inc. (TSE:TOT) Director Buys C$23,039.50 in Stock

Total Energy Services Inc. (TSE:TOT) Director Gregory Knowles Melchin bought 3,550 shares of the business’s stock in a transaction on Friday, January 14th. The stock was purchased at an average price of C$6.49 per share, for a total transaction of C$23,039.50. Following the purchase, the director now directly owns 79,306 shares in the company, valued at approximately C$514,695.94.

Gregory Knowles Melchin also recently made the following trade(s):

  • On Wednesday, December 1st, Gregory Knowles Melchin acquired 3,550 shares of Total Energy Services stock. The stock was acquired at an average price of C$5.60 per share, for a total transaction of C$19,880.00.

TOT traded up C$0.20 on Friday, hitting C$6.68. 38,892 shares of the company were exchanged, compared to its average volume of 90,306. The stock’s fifty day moving average is C$5.75 and its 200-day moving average is C$4.86. Total Energy Services Inc. has a 12 month low of C$3.09 and a 12 month high of C$6.74. The company has a debt-to-equity ratio of 41.92, a quick ratio of 1.34 and a current ratio of 2.58. The company has a market cap of C$293.92 million and a PE ratio of -92.57.

Total Energy Services (TSE:TOT) last posted its quarterly earnings results on Monday, November 8th. The company reported C$0.09 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of C($0.09) by C$0.18. The company had revenue of C$118.88 million for the quarter, compared to analyst estimates of C$117.00 million. As a group, equities research analysts expect that Total Energy Services Inc. will post 0.09 EPS for the current fiscal year.

Separately, ATB Capital raised their target price on shares of Total Energy Services from C$8.25 to C$9.75 and gave the company an “outperform” rating in a research report on Tuesday, November 9th.

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.

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