Total Energy Services Inc. (TSE:TOT - Get Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$8.92 and traded as high as C$10.19. Total Energy Services shares last traded at C$9.87, with a volume of 5,973 shares trading hands.
Analyst Upgrades and Downgrades
Several analysts have issued reports on TOT shares. Stifel Nicolaus upped their price target on shares of Total Energy Services from C$15.00 to C$16.00 in a research report on Monday, March 11th. ATB Capital upped their price target on shares of Total Energy Services from C$16.75 to C$17.00 in a research report on Monday, March 11th.
Read Our Latest Stock Report on TOT
Total Energy Services Trading Down 2.4 %
The company has a quick ratio of 1.09, a current ratio of 1.70 and a debt-to-equity ratio of 20.49. The stock's fifty day moving average price is C$9.96 and its two-hundred day moving average price is C$8.93. The company has a market capitalization of C$385.01 million, a PE ratio of 9.53, a price-to-earnings-growth ratio of 1.77 and a beta of 2.08.
Total Energy Services (TSE:TOT - Get Free Report) last posted its earnings results on Thursday, March 7th. The company reported C($0.19) earnings per share for the quarter, missing analysts' consensus estimates of C$0.35 by C($0.54). Total Energy Services had a return on equity of 7.90% and a net margin of 4.66%. The firm had revenue of C$213.76 million for the quarter, compared to analysts' expectations of C$218.00 million. Sell-side analysts anticipate that Total Energy Services Inc. will post 1.7297735 earnings per share for the current year.
Total Energy Services Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Monday, April 15th were paid a $0.09 dividend. This is an increase from Total Energy Services's previous quarterly dividend of $0.08. This represents a $0.36 dividend on an annualized basis and a yield of 3.74%. The ex-dividend date was Wednesday, March 27th. Total Energy Services's dividend payout ratio is presently 35.64%.
Insider Buying and Selling
In related news, Director Kenneth Brandon Mullen purchased 8,780 shares of the firm's stock in a transaction that occurred on Tuesday, March 12th. The stock was bought at an average cost of C$9.95 per share, with a total value of C$87,361.00. Insiders purchased a total of 10,130 shares of company stock valued at $101,689 over the last three months. Corporate insiders own 7.09% of the company's stock.
Total Energy Services Company Profile
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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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