Calfrac Well Services Ltd. (TSE:CFW) Director Charles Pellerin Purchases 24,200 Shares

Calfrac Well Services Ltd. (TSE:CFW - Get Free Report) Director Charles Pellerin purchased 24,200 shares of the business's stock in a transaction that occurred on Friday, February 21st. The stock was bought at an average price of C$3.90 per share, for a total transaction of C$94,380.00.

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

• On Monday, February 24th, Charles Pellerin purchased 336,800 shares of Calfrac Well Services stock. The stock was bought at an average cost of C$3.95 per share, with a total value of C$1,330,360.00.
• On Tuesday, February 18th, Charles Pellerin acquired 6,300 shares of Calfrac Well Services stock. The shares were purchased at an average cost 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 purchased at an average price 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 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 purchased 6,400 shares of Calfrac Well Services stock. The shares were purchased at an average cost of C$3.75 per share, with a total value of C$24,000.00.

Calfrac Well Services Stock Performance

Calfrac Well Services stock traded down C$0.03 during midday trading on Thursday, reaching C$3.81. 41,500 shares of the company traded hands, compared to its average volume of 58,376. Calfrac Well Services Ltd. has a 12 month low of C$3.64 and a 12 month high of C$5.09. 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 business has a 50 day moving average of C$3.85 and a two-hundred day moving average of C$3.89. The firm has a market capitalization of C$326.41 million, a price-to-earnings ratio of 11.64, a price-to-earnings-growth ratio of -0.30 and a beta of 1.65.

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Analyst Ratings Changes

Several research firms recently issued reports on CFW. ATB Capital raised Calfrac Well Services from a "sector perform" rating to an "outperform" rating and upped their price objective for the company from C$4.50 to C$5.50 in a research report on Tuesday, December 10th. Atb Cap Markets raised Calfrac Well Services from a "hold" rating to a "strong-buy" rating in a report on Tuesday, December 10th. Three research analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of C$5.00.

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.