George K. Chow Sells 1,435 Shares of Total Energy Services Inc. (TSE:TOT) Stock

Total Energy Services Inc. (TSE:TOT) Director George K. Chow sold 1,435 shares of the firm’s stock in a transaction on Thursday, July 4th. The stock was sold at an average price of C$9.43, for a total value of C$13,532.05.

Total Energy Services Stock Performance

TSE TOT opened at C$9.34 on Friday. The stock has a 50-day simple moving average of C$9.46 and a two-hundred day simple moving average of C$9.40. The firm has a market capitalization of C$372.95 million, a P/E ratio of 11.39, a PEG ratio of 1.77 and a beta of 2.09. Total Energy Services Inc. has a fifty-two week low of C$7.36 and a fifty-two week high of C$10.85. The company has a debt-to-equity ratio of 29.11, a quick ratio of 1.09 and a current ratio of 1.64.

Total Energy Services (TSE:TOT) last released its quarterly earnings data on Thursday, May 9th. The company reported C$0.38 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.46 by C($0.08). The company had revenue of C$204.69 million for the quarter, compared to analysts’ expectations of C$235.35 million. Total Energy Services had a net margin of 3.85% and a return on equity of 6.12%. On average, equities analysts forecast that Total Energy Services Inc. will post 1.7153558 earnings per share for the current year.

Total Energy Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Monday, July 15th will be paid a dividend of $0.09 per share. The ex-dividend date is Friday, June 28th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 3.85%. Total Energy Services’s payout ratio is currently 43.90%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. ATB Capital raised their target price on Total Energy Services from C$16.75 to C$17.00 in a research note on Monday, March 11th. Stifel Nicolaus raised their target price on Total Energy Services from C$15.00 to C$16.00 in a research note on Monday, March 11th.

About Total Energy Services

Total Energy Services Inc operates as an energy services company primarily in Canada, the United States, and Australia. It operates through Contract Drilling Services, Rentals and Transportation Services, Compression and Process Services and Well Servicing segments. The Contract Drilling Services segment operates a fleet of various drilling rigs supported by an extensive fleet of owned top drives, walking systems, pumps, and other ancillary equipment.