Total Energy Services Inc. (TSE:TOT) Insider Acquires C$476,528.80 in Stock

Total Energy Services Inc. (TSE:TOT) insider Total Energy Services Inc acquired 44,000 shares of the company’s stock in a transaction on Monday, July 14th. The shares were purchased at an average cost of C$10.83 per share, with a total value of C$476,528.80.

Total Energy Services Stock Performance

Shares of TOT opened at C$11.31 on Thursday. The stock has a 50 day moving average price of C$10.72 and a 200 day moving average price of C$10.38. The company has a quick ratio of 1.09, a current ratio of 1.40 and a debt-to-equity ratio of 27.27. The company has a market capitalization of C$425.05 million, a price-to-earnings ratio of 10.12, a price-to-earnings-growth ratio of 1.77 and a beta of 2.02. Total Energy Services Inc. has a 52-week low of C$8.40 and a 52-week high of C$12.44.

Total Energy Services Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Tuesday, July 15th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 3.54%. The ex-dividend date was Monday, June 30th. Total Energy Services’s dividend payout ratio (DPR) is presently 32.21%.

Wall Street Analysts Forecast Growth

Separately, ATB Capital boosted their target price on shares of Total Energy Services from C$17.00 to C$18.00 and gave the company an “outperform” rating in a research note on Monday, May 5th.

Total Energy Services Company Profile

Total Energy Services Inc is an energy services company. The operating segments of the company are Contract Drilling Services, Rentals & Transportation Services, Compression & Process Service, Well servicing, and Corporate. The company’s operations are conducted in Canada, the United States of America, and Australia.