Calfrac Well Services Ltd. (TSE:CFW) Director Purchases C$565,180.00 in Stock

Calfrac Well Services Ltd. (TSE:CFW) Director Charles Pellerin purchased 146,800 shares of the firm’s stock in a transaction on Friday, February 14th. The stock was acquired at an average price of C$3.85 per share, for a total transaction of C$565,180.00.

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

• On Tuesday, February 18th, Charles Pellerin acquired 6,300 shares of Calfrac Well Services stock. The shares were bought at an average cost of C$3.82 per share, with a total value of C$24,066.00.
• On Thursday, February 6th, Charles Pellerin bought 142,700 shares of Calfrac Well Services stock. The shares were bought at an average cost of C$3.85 per share, with a total value of C$549,395.00.
• On Wednesday, January 29th, Charles Pellerin purchased 6,400 shares of Calfrac Well Services stock. The stock was bought at an average cost of C$3.75 per share, for a total transaction of C$24,000.00.

Calfrac Well Services Trading Up 0.3 %

Shares of TSE CFW opened at C$3.88 on Wednesday. The company has a current ratio of 2.23, a quick ratio of 1.33 and a debt-to-equity ratio of 57.80. Calfrac Well Services Ltd. has a one year low of C$3.64 and a one year high of C$5.38. The business has a 50-day moving average price of C$3.85 and a two-hundred day moving average price of C$3.89. The firm has a market capitalization of C$332.40 million, a PE ratio of 11.85, a PEG ratio of -0.30 and a beta of 1.65.

Analysts Set New Price Targets

Several research analysts have commented on the stock. ATB Capital upgraded shares of Calfrac Well Services from a “sector perform” rating to an “outperform” rating and raised their target price for the stock from C$4.50 to C$5.50 in a report on Tuesday, December 10th. Atb Cap Markets raised shares of Calfrac Well Services from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 10th. Three research analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Calfrac Well Services currently has a consensus rating of “Moderate Buy” and a consensus target price 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.