Calfrac Well Services Ltd. (TSE:CFW) Director Charles Pellerin Acquires 75,800 Shares

Calfrac Well Services Ltd. (TSE:CFW - Get Free Report) Director Charles Pellerin purchased 75,800 shares of the company's stock in a transaction dated Monday, April 14th. The shares were purchased 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 shares were bought at an average price of C$3.10 per share, for a total transaction 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 cost of C$3.60 per share, with a total value of C$671,040.00.
• On Friday, March 14th, Charles Pellerin bought 530,400 shares of Calfrac Well Services stock. The shares were purchased at an average cost of C$3.60 per share, for a total transaction of C$1,909,440.00.
• On Monday, February 24th, Charles Pellerin purchased 336,800 shares of Calfrac Well Services stock. The stock was 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 stock was acquired at an average price of C$3.90 per share, for a total transaction of C$94,380.00.
• On Tuesday, February 18th, Charles Pellerin acquired 6,300 shares of Calfrac Well Services stock. The stock was bought at an average price of C$3.82 per share, for a total transaction of C$24,066.00.
• On Friday, February 14th, Charles Pellerin acquired 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 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 acquired 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 Up 1.8 %

Calfrac Well Services stock traded up C$0.06 during mid-day trading on Friday, hitting C$3.47. The company had a trading volume of 16,449 shares, compared to its average volume of 99,455. Calfrac Well Services Ltd. has a 12 month low of C$2.98 and a 12 month high of C$4.85. 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 stock'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 market capitalization of C$297.28 million, a PE ratio of 10.60, a price-to-earnings-growth ratio of -0.30 and a beta of 1.65.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada lowered their price target 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 research note 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.