Calfrac Well Services Ltd. (TSE:CFW) Director Acquires C$24,066.00 in Stock

Calfrac Well Services Ltd. (TSE:CFW) Director Charles Pellerin bought 6,300 shares of Calfrac Well Services stock in a transaction on Tuesday, February 18th. The stock was acquired at an average cost of C$3.82 per share, for a total transaction of C$24,066.00.

Charles Pellerin also recently made the following trade(s):

• On Friday, February 14th, Charles Pellerin bought 146,800 shares of Calfrac Well Services stock. The stock was acquired at an average cost of C$3.85 per share, for a total transaction of C$565,180.00.
• On Thursday, February 6th, Charles Pellerin bought 142,700 shares of Calfrac Well Services stock. The stock was acquired at an average cost of C$3.85 per share, for a total transaction of C$549,395.00.
• On Wednesday, January 29th, Charles Pellerin bought 6,400 shares of Calfrac Well Services stock. The stock was acquired at an average cost of C$3.75 per share, for a total transaction of C$24,000.00.

Calfrac Well Services Price Performance

Shares of CFW traded up C$0.01 during trading hours on Tuesday, reaching C$3.88. The stock had a trading volume of 6,307 shares, compared to its average volume of 54,307. Calfrac Well Services Ltd. has a 12 month low of C$3.64 and a 12 month high of C$5.38. The stock has a market capitalization of C$332.40 million, a PE ratio of 11.85, a PEG ratio of -0.30 and a beta of 1.65. The company has a debt-to-equity ratio of 57.80, a quick ratio of 1.33 and a current ratio of 2.23. The company’s 50-day moving average is C$3.85 and its two-hundred day moving average is C$3.89.

Wall Street Analyst Weigh In

CFW has been the topic of a number of research analyst reports. Atb Cap Markets raised Calfrac Well Services from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 10th. ATB Capital raised Calfrac Well Services from a “sector perform” rating to an “outperform” rating and raised their target price for the company from C$4.50 to C$5.50 in a report on Tuesday, December 10th. Three analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of C$5.00.

Calfrac Well Services Company Profile

Calfrac Well Services Ltd provides specialized oilfield services, including hydraulic fracturing, coiled tubing, cementing, and other well completion services to the oil and natural gas industries in Canada, the United States, Russia, and Argentina. It generates maximum revenue from the United States.