Total Energy Services (TSE:TOT) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Total Energy Services Inc. (TSE:TOT) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$10.57 and traded as high as C$12.00. Total Energy Services shares last traded at C$11.17, with a volume of 54,920 shares traded.

Analyst Ratings Changes

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

Total Energy Services Stock Performance

The company has a debt-to-equity ratio of 27.27, a quick ratio of 1.09 and a current ratio of 1.40. The firm’s 50-day moving average price is C$11.52 and its two-hundred day moving average price is C$10.58. The firm has a market capitalization of C$408.14 million, a price-to-earnings ratio of 9.72, a price-to-earnings-growth ratio of 1.77 and a beta of 2.02.

Insider Activity

In other news, Director Daniel Kim Halyk purchased 3,143 shares of the business’s stock in a transaction that occurred on Tuesday, November 26th. The stock was purchased at an average cost of C$11.55 per share, with a total value of C$36,301.65. Also, Senior Officer Ashley Desiree Ting sold 8,500 shares of Total Energy Services stock in a transaction dated Friday, January 10th. The shares were sold at an average price of C$12.25, for a total transaction of C$104,125.00. In the last three months, insiders have acquired 62,343 shares of company stock worth $739,925. Corporate insiders own 7.73% of the company’s stock.

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.