Total Energy Services Inc. (TSE:TOT) Director Sells C$13,532.05 in Stock

Total Energy Services Inc. (TSE:TOT) Director George K. Chow sold 1,435 shares of the firm’s stock in a transaction that occurred on Thursday, July 4th. The shares were sold at an average price of C$9.43, for a total value of C$13,532.05.

Total Energy Services Price Performance

Shares of TOT stock traded up C$0.15 during trading hours on Thursday, reaching C$9.45. The stock had a trading volume of 2,080 shares, compared to its average volume of 44,817. The stock’s fifty day simple moving average is C$9.49 and its 200 day simple moving average is C$9.38. The firm has a market capitalization of C$377.34 million, a PE ratio of 11.34, a PEG ratio of 1.77 and a beta of 2.09. The company has a current ratio of 1.64, a quick ratio of 1.09 and a debt-to-equity ratio of 29.11. Total Energy Services Inc. has a 12 month low of C$7.36 and a 12 month high of C$10.85.

Total Energy Services (TSE:TOT) last announced its earnings results on Thursday, May 9th. The company reported C$0.38 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.46 by C($0.08). The company had revenue of C$204.69 million during the quarter, compared to analysts’ expectations of C$235.35 million. Total Energy Services had a net margin of 3.85% and a return on equity of 6.12%. On average, equities research analysts predict that Total Energy Services Inc. will post 1.7153558 EPS for the current year.

Total Energy Services Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Monday, July 15th will be paid a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 3.81%. The ex-dividend date of this dividend is Friday, June 28th. Total Energy Services’s dividend payout ratio is currently 43.90%.

Analyst Ratings Changes

TOT has been the subject of several research reports. ATB Capital increased their price target on shares of Total Energy Services from C$16.75 to C$17.00 in a research report on Monday, March 11th. Stifel Nicolaus raised their price objective on shares of Total Energy Services from C$15.00 to C$16.00 in a research report on Monday, March 11th.

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.