Insider Buying: Total Energy Services Inc. (TSE:TOT) Director Purchases 3,550 Shares of Stock

Total Energy Services Inc. (TSE:TOT) Director Gregory Knowles Melchin purchased 3,550 shares of the firm’s stock in a transaction that occurred on Friday, January 14th. The stock was bought at an average price of C$6.49 per share, with a total value of C$23,039.50. Following the transaction, the director now directly owns 79,306 shares in the company, valued at C$514,695.94.

Gregory Knowles Melchin also recently made the following trade(s):

  • On Wednesday, December 1st, Gregory Knowles Melchin acquired 3,550 shares of Total Energy Services stock. The stock was bought at an average cost of C$5.60 per share, for a total transaction of C$19,880.00.

TSE:TOT opened at C$6.68 on Friday. The company has a current ratio of 2.58, a quick ratio of 1.34 and a debt-to-equity ratio of 41.92. The stock has a market cap of C$293.92 million and a price-to-earnings ratio of -92.57. The stock has a 50-day moving average price of C$5.75 and a two-hundred day moving average price of C$4.86. Total Energy Services Inc. has a 1 year low of C$3.09 and a 1 year high of C$6.74.

Total Energy Services (TSE:TOT) last posted its quarterly earnings data on Monday, November 8th. The company reported C$0.09 earnings per share for the quarter, topping the consensus estimate of C($0.09) by C$0.18. The firm had revenue of C$118.88 million for the quarter, compared to analyst estimates of C$117.00 million. Sell-side analysts forecast that Total Energy Services Inc. will post 0.09 earnings per share for the current year.

Separately, ATB Capital lifted their price objective on Total Energy Services from C$8.25 to C$9.75 and gave the stock an “outperform” rating in a report on Tuesday, November 9th.

Total Energy Services Company Profile

Total Energy Services Inc provides various products and services to the oil and natural gas industry primarily in Canada, the United States, and Australia. It operates through four segments: Contract Drilling Services, Rentals and Transportation Services, Compression and Process Services and Well Servicing.

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Insider Buying and Selling by Quarter for Total Energy Services (TSE:TOT)

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