Insider Buying: Total Energy Services Inc. (TSE:TOT) Insider Buys 49,000 Shares of Stock

Total Energy Services Inc. (TSE:TOT) insider Total Energy Services Inc bought 49,000 shares of the business’s stock in a transaction on Friday, January 10th. The shares were acquired at an average cost of C$11.91 per share, with a total value of C$583,433.20.

Total Energy Services Trading Up 1.1 %

Shares of TSE TOT opened at C$11.84 on Friday. The stock has a fifty day simple moving average of C$11.66 and a 200-day simple moving average of C$10.24. Total Energy Services Inc. has a twelve month low of C$8.49 and a twelve month high of C$12.39. The company has a current ratio of 1.31, a quick ratio of 1.09 and a debt-to-equity ratio of 27.21. The stock has a market capitalization of C$459.98 million, a PE ratio of 11.28, a PEG ratio of 1.77 and a beta of 2.02.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. ATB Capital raised their price objective on 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.