Bradley John Macson Sells 20,000 Shares of Total Energy Services (TSE:TOT) Stock

Total Energy Services Inc. (TSE:TOT) insider Bradley John Macson sold 20,000 shares of the company’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of C$30.21, for a total transaction of C$604,200.00. Following the completion of the sale, the insider owned 185,744 shares of the company’s stock, valued at approximately C$5,611,326.24. This trade represents a 9.72% decrease in their position.

Total Energy Services Stock Performance

TSE:TOT traded up C$0.29 during trading hours on Thursday, reaching C$30.37. 131,572 shares of the company’s stock were exchanged, compared to its average volume of 112,528. Total Energy Services Inc. has a 1-year low of C$12.50 and a 1-year high of C$31.38. The company has a quick ratio of 1.09, a current ratio of 1.24 and a debt-to-equity ratio of 8.05. The firm has a market capitalization of C$1.11 billion, a price-to-earnings ratio of 12.76, a P/E/G ratio of 1.77 and a beta of 0.74. The company has a 50-day moving average of C$23.93 and a 200 day moving average of C$22.47.

Total Energy Services (TSE:TOT) last posted its quarterly earnings data on Wednesday, August 12th. The company reported C$0.72 EPS for the quarter. Total Energy Services had a net margin of 7.38% and a return on equity of 14.51%. The company had revenue of C$328.96 million for the quarter. Research analysts anticipate that Total Energy Services Inc. will post 2.0517598 EPS for the current year.

Analysts Set New Price Targets

Separately, ATB Cormark Capital Markets boosted their price target on Total Energy Services from C$32.00 to C$33.00 and gave the company an “outperform” rating in a research report on Friday, July 10th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of C$33.00.

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.