George Chow Purchases 1,600 Shares of Total Energy Services (TSE:TOT) Stock

Total Energy Services Inc. (TSE:TOT) Director George Chow acquired 1,600 shares of the business’s stock in a transaction on Friday, March 27th. The stock was acquired at an average price of C$23.19 per share, with a total value of C$37,104.00. Following the transaction, the director owned 59,560 shares in the company, valued at approximately C$1,381,196.40. The trade was a 2.76% increase in their position.

Total Energy Services Price Performance

Total Energy Services stock opened at C$23.39 on Friday. The business’s fifty day moving average is C$18.43 and its two-hundred day moving average is C$15.83. The company has a debt-to-equity ratio of 13.67, a quick ratio of 1.09 and a current ratio of 1.41. The firm has a market cap of C$852.28 million, a P/E ratio of 11.99, a P/E/G ratio of 1.77 and a beta of 0.99. Total Energy Services Inc. has a 52 week low of C$8.40 and a 52 week high of C$23.80.

Total Energy Services (TSE:TOT) last announced its earnings results on Tuesday, March 10th. The company reported C$1.50 earnings per share for the quarter. Total Energy Services had a return on equity of 12.57% and a net margin of 6.97%.The company had revenue of C$301.71 million during the quarter. Equities research analysts forecast that Total Energy Services Inc. will post 2.0517598 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, ATB Cormark Capital Markets raised their price objective on shares of Total Energy Services from C$20.00 to C$24.00 in a research report on Thursday, March 12th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of C$24.00.

About Total Energy Services

Total Energy Services Inc is an energy services company. The operating segments of the company are Contract Drilling Services, Rentals & Transportation Services, Compression & Process Service, Well servicing, and Corporate. The company’s operations are conducted in Canada, the United States of America, and Australia.