Calfrac Well Services Ltd. (TSE:CFW) Director Acquires C$671,040.00 in Stock

Calfrac Well Services Ltd. (TSE:CFW - Get Free Report) Director Charles Pellerin bought 186,400 shares of the firm's stock in a transaction dated Friday, April 4th. The stock was purchased at an average price of C$3.60 per share, with a total value of C$671,040.00.

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

• On Friday, March 14th, Charles Pellerin purchased 530,400 shares of Calfrac Well Services stock. The shares were bought at an average cost of C$3.60 per share, with a total value of C$1,909,440.00.
• On Monday, February 24th, Charles Pellerin purchased 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 acquired 24,200 shares of Calfrac Well Services stock. The shares were bought at an average price of C$3.90 per share, with a total value of C$94,380.00.
• On Tuesday, February 18th, Charles Pellerin purchased 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 acquired 146,800 shares of Calfrac Well Services stock. The stock was acquired at an average cost of C$3.85 per share, with a total value of C$565,180.00.
• On Thursday, February 6th, Charles Pellerin bought 142,700 shares of Calfrac Well Services stock. The stock was bought at an average price of C$3.85 per share, with a total value of C$549,395.00.
• On Wednesday, January 29th, Charles Pellerin bought 6,400 shares of Calfrac Well Services stock. The shares were purchased at an average cost of C$3.75 per share, for a total transaction of C$24,000.00.

Calfrac Well Services Stock Down 6.0 %

CFW traded down C$0.20 during midday trading on Thursday, hitting C$3.13. 80,141 shares of the company's stock traded hands, compared to its average volume of 99,257. The company has a debt-to-equity ratio of 57.80, a current ratio of 2.23 and a quick ratio of 1.33. The company has a market cap of C$268.15 million, a PE ratio of 9.56, a price-to-earnings-growth ratio of -0.30 and a beta of 1.65. Calfrac Well Services Ltd. has a one year low of C$3.09 and a one year high of C$4.85. The stock's fifty day simple moving average is C$3.73 and its 200-day simple moving average is C$3.82.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada reduced their target price on shares of Calfrac Well Services from C$5.00 to C$4.50 and set a "sector perform" rating for the company in a report on Friday, March 14th.

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.