Daniel Kim Halyk Purchases 5,000 Shares of Total Energy Services (TSE:TOT) Stock

Total Energy Services Inc. (TSE:TOT) Director Daniel Kim Halyk acquired 5,000 shares of the business’s stock in a transaction on Wednesday, June 17th. The shares were bought at an average cost of C$22.00 per share, with a total value of C$110,000.00. Following the completion of the acquisition, the director owned 860,000 shares of the company’s stock, valued at approximately C$18,920,000. This trade represents a 0.58% increase in their position.

Daniel Kim Halyk also recently made the following trade(s):

• On Monday, May 25th, Daniel Kim Halyk acquired 5,000 shares of Total Energy Services stock. The shares were bought at an average cost of C$25.59 per share, with a total value of C$127,950.00.

Total Energy Services Price Performance

Shares of TSE TOT traded down C$0.29 during midday trading on Wednesday, reaching C$21.93. 90,912 shares of the company traded hands, compared to its average volume of 108,762. The firm has a market cap of C$804.06 million, a PE ratio of 10.39, a PEG ratio of 1.77 and a beta of 0.70. The stock’s 50-day simple moving average is C$24.02 and its 200-day simple moving average is C$19.67. Total Energy Services Inc. has a 12 month low of C$10.50 and a 12 month high of C$27.58. The company has a debt-to-equity ratio of 11.42, a quick ratio of 1.09 and a current ratio of 1.35.

Total Energy Services (TSE:TOT) last issued its quarterly earnings data on Tuesday, May 12th. The company reported C$0.65 earnings per share (EPS) for the quarter. The company had revenue of C$314.90 million during the quarter. Total Energy Services had a return on equity of 13.24% and a net margin of 7.04%. As a group, equities analysts anticipate that Total Energy Services Inc. will post 2.0517598 earnings per share for the current fiscal year.

Total Energy Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 15th were issued a dividend of $0.12 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.2%. Total Energy Services’s dividend payout ratio (DPR) is presently 19.91%.

Analyst Ratings Changes

Separately, ATB Cormark Capital Markets raised their target price on Total Energy Services from C$20.00 to C$24.00 in a research note on Thursday, March 12th. One analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of C$24.00.

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.