Insider Selling: Total Energy Services (TSE:TOT) Insider Sells C$1,980,990.00 in Stock

by · The Markets Daily

Total Energy Services Inc. (TSE:TOT – Get Free Report) insider William John George Kosich sold 87,000 shares of the firm’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of C$22.77, for a total transaction of C$1,980,990.00. Following the sale, the insider owned 172,221 shares in the company, valued at C$3,921,472.17. The trade was a 33.56% decrease in their ownership of the stock.

William John George Kosich also recently made the following trade(s):

  • On Thursday, March 26th, William John George Kosich sold 18,000 shares of Total Energy Services stock. The shares were sold at an average price of C$23.60, for a total transaction of C$424,800.00.

Total Energy Services Trading Down 0.2%

Shares of Total Energy Services stock opened at C$21.71 on Friday. The company has a market capitalization of C$796.00 million, a P/E ratio of 10.29, a P/E/G ratio of 1.77 and a beta of 0.70. The company has a debt-to-equity ratio of 11.42, a quick ratio of 1.09 and a current ratio of 1.35. The company has a fifty day moving average of C$24.00 and a 200 day moving average of C$19.77. Total Energy Services Inc. has a fifty-two week low of C$10.50 and a fifty-two week high of C$27.58.

Total Energy Services (TSE:TOT – Get Free Report) last posted its quarterly earnings results on Tuesday, May 12th. The company reported C$0.65 EPS for the quarter. Total Energy Services had a return on equity of 13.24% and a net margin of 7.04%.The business had revenue of C$314.90 million for the quarter. On average, sell-side analysts anticipate that Total Energy Services Inc. will post 2.0517598 earnings per share for the current fiscal year.

Total Energy Services Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Wednesday, April 15th were given a dividend of $0.12 per share. The ex-dividend date was Tuesday, March 31st. This represents a $0.48 annualized dividend and a dividend yield of 2.2%. Total Energy Services’s dividend payout ratio (DPR) is currently 19.91%.

Wall Street Analysts Forecast Growth

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

Read Our Latest Report on Total Energy Services

About Total Energy Services

(Get Free Report)

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.

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