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

Total Energy Services Inc. (TSE:TOT) Director Glenn Orval James Dagenais acquired 1,700 shares of the company’s stock in a transaction on Thursday, December 12th. The stock was acquired at an average cost of C$12.04 per share, for a total transaction of C$20,463.92.

Total Energy Services Stock Down 2.1 %

TOT opened at C$11.75 on Friday. The company has a debt-to-equity ratio of 27.21, a current ratio of 1.31 and a quick ratio of 1.09. The company’s 50-day moving average is C$10.77 and its 200 day moving average is C$9.86. Total Energy Services Inc. has a fifty-two week low of C$7.46 and a fifty-two week high of C$12.39. The firm has a market capitalization of C$456.49 million, a P/E ratio of 11.19, a PEG ratio of 1.77 and a beta of 2.02.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on TOT. 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 dropped 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 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.