Total Energy Services (TSE:TOT) had its price target trimmed by TD Securities from C$9.00 to C$8.50 in a report published on Friday, BayStreet.CA reports. The brokerage currently has a hold rating on the stock.
A number of other equities analysts have also recently weighed in on TOT. Canaccord Genuity reduced their price target on Total Energy Services from C$12.00 to C$9.00 in a report on Friday. CIBC reduced their price target on Total Energy Services from C$12.50 to C$11.50 in a report on Thursday, July 18th. Finally, BMO Capital Markets reduced their price target on Total Energy Services from C$11.00 to C$8.50 in a report on Friday.
TSE TOT traded down C$0.45 during trading hours on Friday, reaching C$6.50. The company’s stock had a trading volume of 181,500 shares, compared to its average volume of 30,933. The stock has a market capitalization of $330.97 million and a price-to-earnings ratio of 11.55. Total Energy Services has a 1-year low of C$6.19 and a 1-year high of C$12.80. The company has a debt-to-equity ratio of 52.84, a current ratio of 1.40 and a quick ratio of 0.88. The firm has a 50-day moving average price of C$7.73.
In other news, Director Daniel Kim Halyk bought 5,000 shares of Total Energy Services stock in a transaction on Friday, June 7th. The stock was acquired at an average price of C$8.80 per share, with a total value of C$44,000.00. Following the completion of the acquisition, the director now directly owns 1,168,800 shares of the company’s stock, valued at C$10,285,440. Also, insider Total Energy Services Inc bought 17,450 shares of Total Energy Services stock in a transaction on Thursday, July 11th. The shares were purchased at an average cost of C$7.83 per share, with a total value of C$136,633.50. Following the acquisition, the insider now directly owns 44,450 shares of the company’s stock, valued at C$348,043.50. Insiders have acquired 179,990 shares of company stock valued at $1,597,707 in the last three months.
Total Energy Services Company Profile
Total Energy Services Inc provides diversified energy services. It operates through four segments: Contract Drilling Services; Rentals and Transportation Services; Compression and Process Services; and Well Servicing. The Contract Drilling Services segment offers contract drilling services to oil and gas exploration and development companies in the United States and Australia.
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