Total Energy Services Inc. (TSE:TOT - Get Free Report)'s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$10.50 and traded as high as C$11.50. Total Energy Services shares last traded at C$11.35, with a volume of 29,158 shares trading hands.
Analyst Upgrades and Downgrades
A number of brokerages have recently issued reports on TOT. ATB Capital boosted their price objective on Total Energy Services from C$18.00 to C$19.00 in a research note on Tuesday, November 12th. TD Securities dropped their price objective on Total Energy Services from C$19.00 to C$18.00 in a research note on Tuesday, December 10th.
Get Our Latest Research Report on TOT
Total Energy Services Price Performance
The company has a market capitalization of C$422.04 million, a price-to-earnings ratio of 10.05, a P/E/G ratio of 1.77 and a beta of 2.02. The company has a debt-to-equity ratio of 27.27, a quick ratio of 1.09 and a current ratio of 1.40. The business has a 50 day moving average price of C$11.61 and a 200-day moving average price of C$10.53.
Insider Activity at Total Energy Services
In related news, Senior Officer Ashley Desiree Ting sold 8,500 shares of the business's stock in a transaction dated Friday, January 10th. The stock was sold at an average price of C$12.25, for a total value of C$104,125.00. Also, Director Daniel Kim Halyk bought 3,143 shares of the firm's stock in a transaction that occurred on Tuesday, November 26th. The stock was purchased at an average cost of C$11.55 per share, with a total value of C$36,301.65. Insiders bought 62,343 shares of company stock valued at $739,925 in the last three months. Corporate insiders own 7.73% of the company's stock.
Total Energy Services Company Profile
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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.
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