Total Energy Services (TSE:TOT) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Total Energy Services Inc. (TSE:TOTGet Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$10.57 and traded as high as C$12.00. Total Energy Services shares last traded at C$11.17, with a volume of 54,920 shares.

Analysts Set New Price Targets

A number of brokerages have weighed in on TOT. ATB Capital boosted their target price on shares of Total Energy Services from C$18.00 to C$19.00 in a research note on Tuesday, November 12th. TD Securities dropped their price target on shares of Total Energy Services from C$19.00 to C$18.00 in a research note on Tuesday, December 10th.

View Our Latest Report on TOT

Total Energy Services Stock Performance

The company has a debt-to-equity ratio of 27.27, a current ratio of 1.40 and a quick ratio of 1.09. The firm has a market capitalization of C$408.14 million, a P/E ratio of 9.72, a P/E/G ratio of 1.77 and a beta of 2.02. The stock’s 50 day moving average is C$11.52 and its two-hundred day moving average is C$10.58.

Insider Buying and Selling

In other news, insider Total Energy Services Inc acquired 49,000 shares of the firm’s stock in a transaction that occurred on Friday, January 10th. The stock was purchased at an average price of C$11.91 per share, for a total transaction of C$583,433.20. Also, Senior Officer Bradley John Macson sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of C$12.09, for a total transaction of C$120,884.00. Insiders acquired a total of 62,343 shares of company stock valued at $739,925 over the last ninety days. Insiders own 7.73% of the company’s stock.

About Total Energy Services

(Get Free Report)

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.

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