Total Energy Services (TSE:TOT) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Total Energy Services Inc. (TSE:TOT) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$9.96 and traded as high as C$12.18. Total Energy Services shares last traded at C$11.40, with a volume of 4,224 shares trading hands.

Analyst Upgrades and Downgrades

TOT has been the topic of a number of recent research reports. TD Securities reduced their price target on shares of Total Energy Services from C$19.00 to C$18.00 in a research report on Tuesday, December 10th. ATB Capital raised their price target on shares of Total Energy Services from C$18.00 to C$19.00 in a report on Tuesday, November 12th.

Total Energy Services Trading Up 0.2 %

The company has a current ratio of 1.31, a quick ratio of 1.09 and a debt-to-equity ratio of 27.21. The firm has a market cap of C$442.89 million, a PE ratio of 10.86, a PEG ratio of 1.77 and a beta of 2.02. The firm has a fifty day simple moving average of C$11.00 and a two-hundred day simple moving average of C$9.96.

Insider Activity at Total Energy Services

In related news, Director Daniel Kim Halyk acquired 3,900 shares of Total Energy Services stock in a transaction that occurred on Friday, September 27th. The stock was bought at an average price of C$9.25 per share, with a total value of C$36,075.00. Also, Senior Officer Ashley Desiree Ting sold 9,000 shares of the company’s stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of C$11.15, for a total transaction of C$100,350.00. Insiders have purchased 149,547 shares of company stock worth $1,471,535 over the last 90 days. 7.73% of the stock is owned by company insiders.

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.