Total Energy Services (TSE:TOT) Stock Price Crosses Above 200-Day Moving Average - Time to Sell?

Shares of Total Energy Services Inc. (TSE:TOT - Get Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$9.48 and traded as high as C$10.69. Total Energy Services shares last traded at C$10.58, with a volume of 37,211 shares trading hands.

Analyst Upgrades and Downgrades

Separately, ATB Capital increased their target price on shares of Total Energy Services from C$16.50 to C$18.00 in a research report on Friday, August 9th.

Total Energy Services Stock Performance

The company has a quick ratio of 1.09, a current ratio of 1.31 and a debt-to-equity ratio of 27.21. The stock has a 50-day moving average of C$9.59 and a 200 day moving average of C$9.49. The stock has a market cap of C$409.48 million, a PE ratio of 10.04, a P/E/G ratio of 1.77 and a beta of 2.02.

Total Energy Services (TSE:TOT - Get Free Report) last announced its quarterly earnings data on Thursday, August 8th. The company reported C$0.39 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of C$0.25 by C$0.14. Total Energy Services had a net margin of 4.90% and a return on equity of 7.83%. The firm had revenue of C$213.33 million during the quarter, compared to analyst estimates of C$196.00 million. Equities analysts predict that Total Energy Services Inc. will post 2.0517598 EPS for the current fiscal year.

Total Energy Services Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were issued a dividend of $0.09 per share. The ex-dividend date of this dividend was Friday, September 27th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 3.42%. Total Energy Services's dividend payout ratio is currently 34.29%.

Insider Activity at Total Energy Services

In other Total Energy Services news, insider Total Energy Services Inc bought 279,000 shares of the business's stock in a transaction on Friday, August 30th. The stock was bought at an average price of C$9.41 per share, with a total value of C$2,624,748.30. In related news, insider Total Energy Services Inc bought 279,000 shares of the firm's stock in a transaction on Friday, August 30th. The shares were bought at an average price of C$9.41 per share, with a total value of C$2,624,748.30. Also, Director Daniel Kim Halyk bought 4,800 shares of the stock in a transaction on Friday, September 20th. The shares were bought at an average cost of C$9.25 per share, with a total value of C$44,400.00. Over the last three months, insiders have acquired 436,204 shares of company stock worth $4,141,323. Insiders own 7.73% of the company's stock.

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.