Calfrac Well Services Ltd. (TSE:CFW - Get Free Report) shares dropped 2.5% on Friday . The stock traded as low as C$3.84 and last traded at C$3.84. Approximately 4,873 shares changed hands during trading, a decline of 87% from the average daily volume of 37,331 shares. The stock had previously closed at C$3.94.
Calfrac Well Services Stock Performance
The company has a current ratio of 2.31, a quick ratio of 1.33 and a debt-to-equity ratio of 58.76. The company has a market capitalization of C$329.47 million, a price-to-earnings ratio of 1.71, a price-to-earnings-growth ratio of -0.30 and a beta of 1.65. The stock's fifty day simple moving average is C$3.87 and its 200-day simple moving average is C$4.02.
Calfrac Well Services (TSE:CFW - Get Free Report) last announced its quarterly earnings data on Wednesday, November 6th. The company reported C($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.19 by C($0.27). Calfrac Well Services had a net margin of 7.23% and a return on equity of 22.89%. The company had revenue of C$430.11 million during the quarter, compared to analyst estimates of C$400.60 million. Analysts predict that Calfrac Well Services Ltd. will post 0.3798828 EPS for the current year.
Insider Buying and Selling
In other Calfrac Well Services news, Director Charles Pellerin bought 41,411 shares of the business's stock in a transaction dated Monday, November 11th. The shares were acquired at an average price of C$3.65 per share, with a total value of C$151,150.15. Also, insider Sime Armoyan purchased 77,500 shares of the stock in a transaction that occurred on Tuesday, September 10th. The stock was acquired at an average cost of C$3.82 per share, with a total value of C$296,367.75. 46.88% of the stock is owned by insiders.
About Calfrac Well Services
(
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Calfrac Well Services Ltd., together with its subsidiaries, provides specialized oilfield services in Canada, the United States, and Argentina. It offers hydraulic fracturing, coiled tubing, cementing, and other well completion services for the oil and natural gas industry. The company was founded in 1999 and is headquartered in Calgary, Canada.
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