Total Energy Services (TSE:TOT) had its price target reduced by Canaccord Genuity from C$13.50 to C$12.00 in a research report released on Tuesday morning, BayStreet.CA reports.

Other equities research analysts also recently issued reports about the company. BMO Capital Markets lifted their price objective on Air Products & Chemicals to $235.00 and gave the company an outperform rating in a report on Monday, May 13th. TD Securities decreased their price objective on Total Energy Services from C$11.50 to C$10.00 and set a hold rating on the stock in a report on Friday, May 10th.

TSE TOT opened at C$7.81 on Tuesday. The company has a quick ratio of 1.03, a current ratio of 1.60 and a debt-to-equity ratio of 53.30. The firm’s 50 day moving average is C$8.57. The firm has a market capitalization of $375.83 million and a P/E ratio of 13.95. Total Energy Services has a 1-year low of C$7.72 and a 1-year high of C$12.80.

Total Energy Services (TSE:TOT) last released its quarterly earnings data on Thursday, May 9th. The company reported C$0.10 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.11 by C($0.01). The business had revenue of C$221.99 million during the quarter, compared to the consensus estimate of C$223.27 million. Equities analysts expect that Total Energy Services will post 0.6 EPS for the current year.

In other news, insider Total Energy Services Inc bought 55,000 shares of the business’s stock in a transaction dated Wednesday, June 5th. The stock was bought at an average price of C$8.76 per share, for a total transaction of C$481,563.50. Following the completion of the purchase, the insider now owns 127,100 shares of the company’s stock, valued at approximately C$1,112,849.47. Also, Director Daniel Kim Halyk bought 5,000 shares of the business’s stock in a transaction dated Friday, June 7th. The stock was purchased at an average price of C$8.80 per share, with a total value of C$44,000.00. Following the purchase, the director now directly owns 1,168,800 shares of the company’s stock, valued at approximately C$10,285,440. Insiders have acquired 162,540 shares of company stock worth $1,461,074 over the last ninety days.

About Total Energy Services

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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