Total Energy Services Inc. (TSE:TOT - Get Free Report) Director Gregory Knowles Melchin acquired 1,150 shares of Total Energy Services stock in a transaction that occurred on Tuesday, April 9th. The stock was bought at an average price of C$10.64 per share, with a total value of C$12,236.00.
Total Energy Services Price Performance
TOT traded up C$0.07 during midday trading on Wednesday, reaching C$10.70. 33,371 shares of the company's stock were exchanged, compared to its average volume of 46,367. The company has a debt-to-equity ratio of 20.49, a current ratio of 1.70 and a quick ratio of 1.09. The stock has a market capitalization of C$427.79 million, a PE ratio of 10.61, a P/E/G ratio of 1.77 and a beta of 2.08. The business's 50-day moving average price is C$9.85 and its 200 day moving average price is C$8.89. Total Energy Services Inc. has a 1-year low of C$7.36 and a 1-year high of C$10.85.
Total Energy Services (TSE:TOT - Get Free Report) last announced its earnings results on Thursday, March 7th. The company reported C($0.19) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C$0.35 by C($0.54). The business had revenue of C$213.76 million for the quarter, compared to analyst estimates of C$218.00 million. Total Energy Services had a return on equity of 7.90% and a net margin of 4.66%. As a group, equities analysts anticipate that Total Energy Services Inc. will post 1.7298658 EPS for the current fiscal year.
Total Energy Services Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, April 15th. Shareholders of record on Monday, April 15th will be given a dividend of $0.09 per share. The ex-dividend date is Wednesday, March 27th. This represents a $0.36 dividend on an annualized basis and a yield of 3.36%. This is a boost from Total Energy Services's previous quarterly dividend of $0.08. Total Energy Services's payout ratio is presently 35.64%.
Wall Street Analysts Forecast Growth
Several analysts recently commented on the stock. ATB Capital raised their price objective on shares of Total Energy Services from C$16.75 to C$17.00 in a research note on Monday, March 11th. Stifel Nicolaus raised their price objective on shares of Total Energy Services from C$15.00 to C$16.00 in a research note on Monday, March 11th.
Check Out Our Latest Research Report on Total Energy Services
About Total Energy Services
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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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