Total Energy Services Inc. (TSE:TOT - Get Free Report)'s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$9.62 and traded as high as C$9.79. Total Energy Services shares last traded at C$9.67, with a volume of 59,460 shares trading hands.
Analyst Upgrades and Downgrades
Separately, ATB Capital raised their price objective on Total Energy Services from C$16.50 to C$18.00 in a research note on Friday, August 9th.
Check Out Our Latest Analysis on Total Energy Services
Total Energy Services Stock Performance
The stock has a fifty day simple moving average of C$9.37 and a 200-day simple moving average of C$9.62. The stock has a market cap of C$370.63 million, a P/E ratio of 9.09, a PEG ratio of 1.77 and a beta of 2.04. 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 (TSE:TOT - Get Free Report) last posted its quarterly earnings data on Thursday, August 8th. The company reported C$0.39 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of C$0.25 by C$0.14. Total Energy Services had a return on equity of 7.83% and a net margin of 4.90%. The business had revenue of C$213.33 million during the quarter, compared to the consensus estimate of C$196.00 million. On average, equities analysts expect that Total Energy Services Inc. will post 1.7183601 earnings per share for the current year.
Total Energy Services Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, July 15th. Stockholders of record on Monday, July 15th were issued a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 3.77%. The ex-dividend date was Friday, June 28th. Total Energy Services's payout ratio is presently 34.29%.
Insider Buying and Selling
In related news, Director Daniel Kim Halyk purchased 5,000 shares of Total Energy Services stock in a transaction that occurred on Wednesday, August 14th. The shares were acquired at an average price of C$9.14 per share, with a total value of C$45,700.00. Over the last three months, insiders have bought 12,850 shares of company stock worth $118,250. Insiders own 7.63% of the company's stock.
Total Energy Services Company Profile
(
Get Free Report)
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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