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

Calfrac Well Services Ltd. (TSE:CFW - Get Free Report) Director Charles Pellerin purchased 6,300 shares of the stock in a transaction on Tuesday, February 18th. The shares were bought at an average price 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 purchased 146,800 shares of Calfrac Well Services stock. The shares were bought at an average price of C$3.85 per share, for a total transaction of C$565,180.00.
• On Thursday, February 6th, Charles Pellerin purchased 142,700 shares of Calfrac Well Services stock. The shares were bought at an average price of C$3.85 per share, for a total transaction of C$549,395.00.
• On Wednesday, January 29th, Charles Pellerin purchased 6,400 shares of Calfrac Well Services stock. The shares were bought at an average price of C$3.75 per share, for a total transaction of C$24,000.00.

Calfrac Well Services Stock Performance

Shares of CFW traded down C$0.03 during mid-day trading on Friday, hitting C$3.90. The company's stock had a trading volume of 105,452 shares, compared to its average volume of 55,394. Calfrac Well Services Ltd. has a one year low of C$3.64 and a one year high of C$5.20. 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 firm has a market capitalization of C$334.12 million, a PE ratio of 11.91, a price-to-earnings-growth ratio of -0.30 and a beta of 1.65. The stock's 50-day moving average is C$3.85 and its two-hundred day moving average is C$3.89.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Atb Cap Markets raised Calfrac Well Services from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, December 10th. ATB Capital raised Calfrac Well Services from a "sector perform" rating to an "outperform" rating and increased their price objective for the company from C$4.50 to C$5.50 in a research report on Tuesday, December 10th. Three analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average 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.