Total Energy Services (TSE:TOT) Insider William John George Kosich Sells 87,000 Shares of Stock

Total Energy Services Inc. (TSE:TOT) insider William John George Kosich sold 87,000 shares of the business’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of C$22.77, for a total value of C$1,980,990.00. Following the completion of the transaction, the insider directly owned 172,221 shares of the company’s stock, valued at approximately C$3,921,472.17. This trade represents a 33.56% decrease in their ownership of the stock.

William John George Kosich also recently made the following trade(s):

• On Thursday, March 26th, William John George Kosich sold 18,000 shares of Total Energy Services stock. The stock was sold at an average price of C$23.60, for a total value of C$424,800.00.

Total Energy Services Stock Performance

TSE TOT opened at C$22.22 on Wednesday. Total Energy Services Inc. has a fifty-two week low of C$10.50 and a fifty-two week high of C$27.58. The stock has a market cap of C$814.70 million, a price-to-earnings ratio of 10.53, a price-to-earnings-growth ratio of 1.77 and a beta of 0.70. The business has a fifty day moving average of C$24.02 and a 200-day moving average of C$19.67. The company has a quick ratio of 1.09, a current ratio of 1.35 and a debt-to-equity ratio of 11.42.

Total Energy Services (TSE:TOT) last released its quarterly earnings results on Tuesday, May 12th. The company reported C$0.65 earnings per share for the quarter. Total Energy Services had a return on equity of 13.24% and a net margin of 7.04%.The company had revenue of C$314.90 million during the quarter. As a group, analysts predict that Total Energy Services Inc. will post 2.0517598 earnings per share for the current fiscal year.

Total Energy Services Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Wednesday, April 15th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 2.2%. The ex-dividend date was Tuesday, March 31st. Total Energy Services’s dividend payout ratio is presently 19.91%.

Analyst Ratings Changes

Separately, ATB Cormark Capital Markets upped their target price on Total Energy Services from C$20.00 to C$24.00 in a research note on Thursday, March 12th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus 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.