Insider Buying: Total Energy Services Inc. (TSE:TOT) Director Buys 1,700 Shares of Stock

Total Energy Services Inc. (TSE:TOT) Director Kenneth Brandon Mullen purchased 1,700 shares of the business’s stock in a transaction on Wednesday, January 8th. The stock was purchased at an average cost of C$11.80 per share, for a total transaction of C$20,060.00.

Total Energy Services Stock Performance

Shares of TOT stock traded up C$0.04 during trading hours on Wednesday, hitting C$11.82. The company’s stock had a trading volume of 38,762 shares, compared to its average volume of 56,355. The stock has a market cap of C$459.21 million, a PE ratio of 11.26, a price-to-earnings-growth ratio of 1.77 and a beta of 2.02. Total Energy Services Inc. has a 12-month low of C$7.69 and a 12-month high of C$12.39. The company has a 50 day moving average of C$11.38 and a 200 day moving average of C$10.11. The company has a current ratio of 1.31, a quick ratio of 1.09 and a debt-to-equity ratio of 27.21.

Analysts Set New Price Targets

TOT has been the subject of several research analyst reports. TD Securities decreased their price objective on shares of Total Energy Services from C$19.00 to C$18.00 in a research report on Tuesday, December 10th. ATB Capital raised their price target on shares of Total Energy Services from C$18.00 to C$19.00 in a report on Tuesday, November 12th.

About Total Energy Services

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.