Insider Selling: Total Energy Services Inc. (TSE:TOT) Senior Officer Sells C$100,350.00 in Stock

Total Energy Services Inc. (TSE:TOT) Senior Officer Ashley Desiree Ting sold 9,000 shares of the firm’s stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of C$11.15, for a total value of C$100,350.00.

Total Energy Services Stock Up 3.2 %

TSE TOT opened at C$11.92 on Friday. The stock has a fifty day moving average of C$9.97 and a 200-day moving average of C$9.59. The stock has a market capitalization of C$463.09 million, a P/E ratio of 11.35, a price-to-earnings-growth ratio of 1.77 and a beta of 2.02. Total Energy Services Inc. has a 52 week low of C$7.36 and a 52 week high of C$11.96. The company has a debt-to-equity ratio of 27.21, a quick ratio of 1.09 and a current ratio of 1.31.

Total Energy Services Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were given a $0.09 dividend. The ex-dividend date of this dividend was Friday, September 27th. This represents a $0.36 annualized dividend and a dividend yield of 3.02%. Total Energy Services’s dividend payout ratio is currently 34.29%.

Analysts Set New Price Targets

Separately, ATB Capital lifted their target price on Total Energy Services from C$18.00 to C$19.00 in a research note on Tuesday, November 12th.

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.