Calfrac Well Services Ltd. (TSE:CFW) Director Charles Pellerin Buys 6,400 Shares

Calfrac Well Services Ltd. (TSE:CFW - Get Free Report) Director Charles Pellerin purchased 6,400 shares of the company's stock in a transaction that occurred on Wednesday, January 29th. The stock was bought at an average cost of C$3.75 per share, for a total transaction of C$24,000.00.

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

• On Monday, November 11th, Charles Pellerin acquired 41,411 shares of Calfrac Well Services stock. The shares were purchased at an average price of C$3.65 per share, with a total value of C$151,150.15.

Calfrac Well Services Stock Up 2.4 %

Shares of Calfrac Well Services stock traded up C$0.09 during trading hours on Tuesday, hitting C$3.79. The company had a trading volume of 5,170 shares, compared to its average volume of 54,652. The company has a debt-to-equity ratio of 58.76, a current ratio of 2.31 and a quick ratio of 1.33. The company's 50-day moving average is C$3.86 and its two-hundred day moving average is C$3.92. The company has a market cap of C$325.18 million, a P/E ratio of 1.69, a price-to-earnings-growth ratio of -0.30 and a beta of 1.65. Calfrac Well Services Ltd. has a twelve month low of C$3.64 and a twelve month high of C$5.38.

Calfrac Well Services (TSE:CFW - Get Free Report) last released its quarterly earnings results on Wednesday, November 6th. The company reported C($0.08) EPS for the quarter, missing the consensus estimate of C$0.19 by C($0.27). The firm had revenue of C$430.11 million for the quarter, compared to analyst estimates of C$400.60 million. Calfrac Well Services had a return on equity of 22.89% and a net margin of 7.23%. Analysts anticipate that Calfrac Well Services Ltd. will post 0.3798828 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently weighed in on CFW shares. ATB Capital upgraded shares of Calfrac Well Services from a "sector perform" rating to an "outperform" rating and boosted their price target for the stock from C$4.50 to C$5.50 in a research report on Tuesday, December 10th. Atb Cap Markets upgraded Calfrac Well Services from a "hold" rating to a "strong-buy" rating in a report on Tuesday, December 10th. Three equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target 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.