Total Energy Services Inc. (TSE:TOT) Director Glenn Orval James Dagenais Buys 1,700 Shares of Stock

Total Energy Services Inc. (TSE:TOT) Director Glenn Orval James Dagenais bought 1,700 shares of the company’s stock in a transaction that occurred on Monday, May 12th. The shares were bought at an average cost of C$9.85 per share, for a total transaction of C$16,737.01.

Total Energy Services Trading Up 4.8%

Shares of Total Energy Services stock opened at C$10.35 on Wednesday. The firm has a market capitalization of C$388.97 million, a PE ratio of 9.26, a price-to-earnings-growth ratio of 1.77 and a beta of 2.02. The company has a debt-to-equity ratio of 27.27, a current ratio of 1.40 and a quick ratio of 1.09. The company’s fifty day moving average price is C$9.29 and its two-hundred day moving average price is C$10.57. 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 Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 3.86%. The ex-dividend date was Monday, March 31st. This is a positive change from Total Energy Services’s previous quarterly dividend of $0.09. Total Energy Services’s payout ratio is 32.21%.

Analysts Set New Price Targets

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

About Total Energy Services

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.