Insider Buying: Total Energy Services Inc (TSE:TOT) Director Purchases 2,640 Shares of Stock

Total Energy Services Inc (TSE:TOT) Director Andrew B. Wiswell bought 2,640 shares of the business’s stock in a transaction dated Thursday, June 22nd. The shares were bought at an average price of C$12.60 per share, with a total value of C$33,264.00.

Total Energy Services Inc (TSE:TOT) traded down 1.79% during midday trading on Wednesday, reaching $12.59. The company had a trading volume of 4,916 shares. The firm has a 50-day moving average price of $13.35 and a 200-day moving average price of $14.01. Total Energy Services Inc has a 52 week low of $12.05 and a 52 week high of $16.00. The company’s market capitalization is $552.58 million.

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TOT has been the topic of several research analyst reports. Canaccord Genuity cut their target price on Total Energy Services from C$17.50 to C$16.00 in a research report on Tuesday. Scotiabank reiterated an “outperform” rating and issued a C$16.50 price target on shares of Total Energy Services in a report on Tuesday, March 14th. Finally, CIBC raised Total Energy Services from a “neutral” rating to an “outperform” rating in a research report on Tuesday, April 18th.

About Total Energy Services

Total Energy Services Inc is a Canada-based energy services company. The Company through operating divisions, wholly-owned subsidiaries and limited partnerships is involved in three business areas: contract drilling services (Chinook Drilling), rentals and transportation services (Total Oilfield Rentals); and the fabrication, sale, rental and servicing of new and used equipment for both oil and gas processing (Spectrum Process Systems) and gas compression (Bidell Gas Compression).

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