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

Total Energy Services Inc. (TSE:TOT) 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) 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.

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.