Insider Buying: Calfrac Well Services Ltd. (TSE:CFW) Director Buys 75,800 Shares of Stock

Calfrac Well Services Ltd. (TSE:CFW - Get Free Report) Director Charles Pellerin bought 75,800 shares of the firm's stock in a transaction that occurred on Monday, April 14th. The shares were acquired at an average cost of C$3.20 per share, for a total transaction of C$242,560.00.

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

• On Friday, April 11th, Charles Pellerin acquired 72,700 shares of Calfrac Well Services stock. The stock was acquired at an average price of C$3.10 per share, with a total value of C$225,370.00.
• On Friday, April 4th, Charles Pellerin bought 186,400 shares of Calfrac Well Services stock. The shares were bought at an average price of C$3.60 per share, with a total value of C$671,040.00.
• On Friday, March 14th, Charles Pellerin acquired 530,400 shares of Calfrac Well Services stock. The shares were purchased at an average price of C$3.60 per share, with a total value of C$1,909,440.00.
• On Monday, February 24th, Charles Pellerin acquired 336,800 shares of Calfrac Well Services stock. The shares were purchased at an average cost of C$3.95 per share, for a total transaction of C$1,330,360.00.
• On Friday, February 21st, Charles Pellerin bought 24,200 shares of Calfrac Well Services stock. The shares were bought at an average cost of C$3.90 per share, with a total value of C$94,380.00.
• On Tuesday, February 18th, Charles Pellerin acquired 6,300 shares of Calfrac Well Services stock. The shares were purchased at an average price of C$3.82 per share, with a total value of C$24,066.00.
• On Friday, February 14th, Charles Pellerin bought 146,800 shares of Calfrac Well Services stock. The shares were bought 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 purchased 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 bought 6,400 shares of Calfrac Well Services stock. The stock was bought at an average price of C$3.75 per share, for a total transaction of C$24,000.00.

Calfrac Well Services Stock Up 1.8 %

Calfrac Well Services stock traded up C$0.06 during trading hours on Friday, hitting C$3.47. 16,449 shares of the stock traded hands, compared to its average volume of 99,455. The firm's 50-day moving average price is C$3.67 and its two-hundred day moving average price is C$3.80. The company has a current ratio of 2.23, a quick ratio of 1.33 and a debt-to-equity ratio of 57.80. The company has a market cap of C$297.28 million, a PE ratio of 10.60, a PEG ratio of -0.30 and a beta of 1.65. Calfrac Well Services Ltd. has a one year low of C$2.98 and a one year high of C$4.85.

Analyst Ratings Changes

Separately, Royal Bank of Canada decreased their price objective on shares of Calfrac Well Services from C$4.50 to C$3.75 and set a "sector perform" rating for the company in a report on Thursday.

About Calfrac Well Services

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.