Bradley John Macson Sells 12,000 Shares of Total Energy Services (TSE:TOT) Stock

Total Energy Services Inc. (TSE:TOT) insider Bradley John Macson sold 12,000 shares of the business’s stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of C$10.06, for a total value of C$120,720.00. Following the transaction, the insider owned 190,305 shares in the company, valued at approximately C$1,914,468.30. This represents a 5.93% decrease in their position.

Bradley John Macson also recently made the following trade(s):

• On Wednesday, August 19th, Bradley John Macson sold 20,000 shares of Total Energy Services stock. The shares were sold at an average price of C$30.21, for a total value of C$604,200.00.

Total Energy Services Trading Up 1.8%

TSE TOT traded up C$0.55 on Thursday, hitting C$31.25. The company’s stock had a trading volume of 72,698 shares, compared to its average volume of 114,215. The firm has a market cap of C$1.14 billion, a P/E ratio of 13.13, a PEG ratio of 1.77 and a beta of 0.74. Total Energy Services Inc. has a 52-week low of C$12.82 and a 52-week high of C$31.59. The company’s 50-day simple moving average is C$24.70 and its 200 day simple moving average is C$22.98. The company has a current ratio of 1.24, a quick ratio of 1.09 and a debt-to-equity ratio of 8.05.

Total Energy Services (TSE:TOT) last posted its earnings results on Wednesday, August 12th. The company reported C$0.72 earnings per share (EPS) for the quarter. The firm had revenue of C$328.96 million for the quarter. Total Energy Services had a return on equity of 14.51% and a net margin of 7.38%. Research analysts predict that Total Energy Services Inc. will post 2.0517598 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, ATB Cormark Capital Markets boosted their price objective on shares of Total Energy Services from C$32.00 to C$33.00 and gave the company an “outperform” rating in a research report on Friday, July 10th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Total Energy Services presently has an average rating of “Buy” and an average target price of C$33.00.

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.